Greek lease ABS prepped

Pic© Osvaldo Gago

Category: ABS

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Hertz franchisee Autohellas is in the market with AutoWheel Securitisation, an ABS backed by operational auto leases extended to Greek corporates and SMEs. The €101.5m transaction is the first non-bank leasing securitisation to be executed in Greece.

AutoWheel Securitisation is a cash securitisation with an 18-month revolving period, backed by auto leases and future sales proceeds from the underlying vehicles.

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