Santander Consumer Finance €338.7 million auto loan securitisation

6/11/2018
Securitisation

€ 338.7 million

$ 358.802 million

Completed

6/11/2018


Overview:

  • Santander Consumer Finance completed the €338.7 million securitisation of auto loan hire-purchase contracts issued by the SCF Rahoituspalvelut I Designated Activity Company and listed on the Irish Stock Exchange.
  • BNP Paribas Trust Corporation UK acted as the note trustee, issuer security trustee and purchaser security trustee.
  • Santander Consumer Finance is a Finnish finance company and a market leader in auto financing and a member of the Santander Consumer Finance - and Santander - groups.

Wai Yee Tsang - Journalist

Jurisdictions:

Finland
Ireland
United Kingdom

Deal type:

Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Governing laws:

England and Wales
Finland
Ireland

Industry sector:

Financial services


Firms:

Party: SCF Rahoituspalvelut I Designated Activity Company (Issuer)


Party: BNP Paribas Trust Corporation UK (Note Trustee, Issuer Security Trustee, Purchaser Security Trustee)


Party: Bank of America Merrill Lynch (Lead manager)

Party: RBC Capital Markets (Lead manager)

Party: Santander Global Banking & Markets (Lead manager)


Party: Santander Global Banking & Markets (Arranger)

Party: Santander Consumer Finance (Seller)


Party: Santander Consumer Finance (Seller)

Party: Santander Global Banking & Markets (Arranger)