LeasePlan Bumper 10 €653 million ABS

1/2/2018

Asset Backed Securities (ABS), Securitisation

Value:

€ 653 million

Dollar value:

$ 804.862 million

Status:

Completed

Date:

1/2/2018

Overview:

LeasePlan Corporation securitised lease and loan receivables originated by its French subsidiary, issuing €653 million in two classes of notes through its Bumper 10 fund.
Bumper 10 issued €483.2 million in class A notes and €40.8 million in class B notes.
BNP Paribas and Société Générale were joint lead managers on the transaction.

Ben Naylor - Regional editor

Jurisdiction:

France

Deal types:

Asset Backed Securities (ABS)
Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

France

Industry sector:

Automotive

Firms:

Hogan Lovells

Party: LeasePlan (Originator)

Lawyers: Dennis Dillon, Laura Asbati, Robert Masman, Sharon Lewis

Linklaters

Party: BNP Paribas (Joint lead manager)

Party: Société Générale (Joint lead manager)

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