Large Securitisation Deal between EIB and UniCredit Leasing Austria

Published: November 24, 2015; 19:30 · (Vindobona)

EIB participates in securitisation transaction of UniCredit Leasing Austria with EUR 230.9 mil. The European Investment Bank (EIB) will make available EUR 230.9 million to UniCredit Leasing Austria through the purchase of asset-backed securities (ABS).

Large Securitisation Deal between EIB and UniCredit Leasing Austria / Picture: © EIB European Investment Bank

The "Success 2015" ABS transaction was arranged by UniCredit Bank Austria AG and Munich-based UniCredit Bank AG. The EIB invests in the senior tranche, which has an AAA rating from Fitch and DBRS. UniCredit Leasing Austria will take the junior tranche (class B) in the amount of about EUR 94.4 million on its books. The secured portfolio comprises motor vehicle leasing agreements (59 per…

This article includes a total of 517 words.

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