Business

Services for

Institutional Investors

Special Servicing

Judicial and Extra-judicial recovery of secured non performing loans.

Master Servicing

  • Management of cashflow and payment services as Servicer pursuant to Italian law 130/99
  • Compliance analysis on operations as contractually agreed and in accordance with Italian law 130/1999
  • Drafting and control of required periodic report
  • Debt exposure assessment (GBV updating or processing pursuant to art. 2855)
  • Current account management
  • “Centrale Rischi” reporting and communications to Bank of Italy
  • Monitoring of third parties activities

Due Diligence & Business Plan

Client and Investor relationship management in relation to:

  • Overall portfolio analysis (legal and real estate due diligence)
  • Investment profitability analysis (Business Plan)

Top Loans & Special Situations

High added value service:

  • Identification and definition of the most appropriate strategy for Top Loan, Corporate and leasing contract recovery
  • Strategic identification of complementary and/or alternative procedures as an alternative to ordinary NPL recovery actions (bankruptcy agreements, restructuring agreements, assumption of debt pursuant to article 508 of the Italian Civil Procedure)

Real Estate Management

A network of certified professionals dealing with:

  • Commercialization of real estate assets through voluntary real estate disposal
  • Identification of judicial auction players
  • Broker opinions (judicial market value and open market valuation supported by photographic report performed by NPL specialists)

Reo.Cos & Real Estate Asset Improvement

Integrated management of repossessed asset:

  • Advisory services for the identification of Reo.Co investment opportunities
  • Legal assistance to participate in auctions
  • Management of real estate assets, advanced legal and technical services enhanced by corporate group synergies
  • Remarketing of Reo.Cos-acquired assets

Advisory & Portfolio Trading

Client and investor relationship management focused on:

  • Scouting of available portfolios on the market
  • Screening of potentially transferable portfolio stake
  • Preliminary portfolio valuation
  • Structuring of securitisation transaction

SVP Structuring

  • SPV creation
  • Company incorporation services (registration at Italian Revenue Agency and Bank of Italy)
  • Securitisation agreements or asset management mandates drafting
  • Corporate Secretary Services

Portfolio Management

  • Monitoring of securitisation transactions
  • Drafting of contractually agreed reports
  • Investors, bondholders and rating agencies relationship management
  • Co-ordination activity of the parties involved at each waterfall payment

Trade Receivables

  • Management of past due rent payments, condominium expenses, utilities
  • Reminder to debtors with increasing frequency and intensity based on the severity of the delay

Calculation Agent

  • Calculation and monitoring of SPV’s cash flow available for bond repayment

Corporate Services

  • Accounts management
  • Quarterly Cash Flow Statements and annual Financial Statement drafting
  • Report duties to Supervisory Authorities
  • Tax management

Jron

  • Monitoring securitisation performance
  • Monitoring of trigger events
  • Communication to Junior Noteholders of the analyses outcomes as agreed between the parties

Legal Network Management

  • Management of external legal consultants network
  • Management of proceedings at a pre-established price

Banks and other financial intermediaries

Special Servicing

Judicial and Extra-judicial recovery of secured non performing loans.

Due Diligence & Business Plan

Client and Investor relationship management in relation to:

  • Overall portfolio analysis (legal and real estate due diligence)
  • Investment profitability analysis (Business Plan)

Real Estate Management

A network of certified professionals dealing with:

  • Placement of real estate assets through voluntary real estate disposal
  • Identification of judicial auction players
  • Broker opinions (judicial market value and open market valuation supported by photographic report performed by NPL specialists)

Reo.Cos & Real Estate Asset Improvement

Integrated management of repossessed asset:

  • Advisory services for the identification of Reo.Co investment opportunities
  • Legal assistance to participate in auctions
  • Management of real estate assets, advanced legal and technical services enhanced by corporate group synergies
  • Remarketing of Reo.Cos-acquired assets

Advisory & Portfolio Trading

Client and investor relationship management focused on:

  • Scouting of available portfolios on the market
  • Screening of potentially transferable portfolio stake
  • Preliminary portfolio valuation

Top Loans and Special Situations

High added value services:

  • Identification and planning of the most appropriate strategies for Top Loan recovery, Corporate or finance lease contracts
  • Strategic identification and performance of transactions that can be complimentary and/or alternative to ordinary NPL recovery actions (bankruptcy agreements, restructuring agreements, indebtedness pursuant to article 508 of the Italian Civil Procedure)

SVP Structuring

  • SPV creation
  • Company incorporation services (registration at Italian Revenue Agency and Bank of Italy)
  • Securitisation agreements or asset management mandates drafting
  • Corporate Secretary Services

Legal Network Management

  • Management of external legal consultants network
  • Management of proceedings at a pre-established price

Retail Customers and Enterprises

Voluntary Disposal

Support in the disposal of real estate assets in the free market in order to protect it from a probable devaluation due to legal action.

Repayment Plan

Analysis with creditor counterparty of the feasibility of an Extra-Judicial settlement through the implementation of a repayment plan or a settlement and write-off of the amount due.

Settlement

Support in the analysis of the debt position with the various creditor counterparties in order to identify a viable resolution strategy.

Advisory services for settlement agreements

Support to entrepreneurs in reaching an agreement with its creditors and overcome the crisis faced by the enterprise.

Restructuring

Support in analysis and development of a debt restructuring proposal.

Transfer of Assets

Support to entrepreneurs in the transfer of their assets in order to protect them from the possible devaluation due to legal actions (real estate assets, securities, receivables, etc...).

Legal Assistance

Legal assistance on debt repayment plans toward all creditor counterparties.

Our institutional clients

Prelios Credit Servicing (Precs) is a best-in-class independent service provider positively rated by leading rating agencies. With extensive real estate, technical and legal expertise and with the support of a capillary local and regional network, Precs is synonym of soundness and is the target partner for leading Italian and international banks and investors.

Clienti istituzionali

 

Last update: 02/02/2018 - 13:00