Iren Plans to Securitize Credits This Year, Il Sole Reports

June 3 (Bloomberg) -- Iren SpA plans to securitize credits to local governments, Il Sole 24 Ore reported, without saying how it obtained the information.

Iren plans to meet with the city of Turin to discuss a securitization of the municipality’s 250 million euros ($311 million) of debt, the financial daily reported today.

To contact the reporter on this story: Elisa Martinuzzi in Milan at emartinuzzi@bloomberg.net

To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net