German flag

SRT debut

Category: Capital Relief Trades ABS

Previous Story       Next Story

LBBW prints first capital relief trade

The EIB Group and LBBW have executed a €95m mezzanine guarantee that references a €1.8bn portfolio of SME and midcap loans. The transaction is the German lender’s first capital relief trade and will enable it to provide up to €570m of SME and midcap financing.

According to Rainer Bohn, head of structured finance at LBBW: ‘’The transaction is our first synthetic securitisation, but we are not doing it for RWA relief only, given our healthy capital position.

Already registered?

Not yet registered? Join today to access SCI Content.