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Swiss auto debut announced
Wednesday 15 March 2017 13:22 London/ 08.22 New York/ 21.22 Tokyo
Multilease is prepping a debut Sfr297m auto lease ABS. Dubbed First Swiss Mobility 2017-1, it is a 32-month revolving cash securitisation of auto lease contracts extended to obligors in Switzerland.
The underlying assets are financial leases extended to mainly private lessees. The residual value cashflows have a dealer buy-back guarantee from either independent or Emil Frey Group car dealers in ... showing 60 out of 344 words of this article
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