PKO Leasing Zl2.5 billion ABS

Overview:

• Poland's largest leasing company PKO Leasing successfully undertook ZL2.5 billion securitisation of senior and mezzanine notes.
• The deal is the first simple, transparent and standardised (STS) securitisation in Poland and the largest securitisation ever that originates from Poland. 
• The European Investment Bank (EIB) subscribed to Zl1.5 billion of the senior and mezzanine notes.
• The transaction is aimed at increasing access to finance for Poland's micro-enterprises, SMEs and midcaps across all the economy sectors. 

Rajeeb Gurung - Researcher