Centotrenta was established back in 2001, just before the enactment of the Italian securitisation law.
Centotrenta’s operations started with the company Centotrenta Management s.r.l., even if the main partner of Centotrenta, Studio Angelelli – dottori commercialisti e revisori contabili – (www.studioangelelli.com), operates in Milan in the accounting, advisory and tax planning since 1968. Before the establishment of Centotrenta Management, the current team structured and managed one of the first transactions implemented under Law 130 of 1999. The name of the special purpose vehicle was Affidavit and the cillateral was made of non-performing loans.
In 2011 Centotrenta decided to establish Centotrenta Servicing S.p.a. as a financial intermediary. Centotrenta Servicing obtained from the Bank of Italy the authorisation to operate as a servicer in October 2012. Now Centotrenta can offer the full range of services that are necessary to structure and manage a securitisation transaction.
The offices of Centotrenta are located in Piazza Cordusio, in the centre of Milan.