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Santander Leasing synthetic securitisation

Sector: Geothermal • Location: Poland

Source: European Bank for Reconstruction and Development (EBRD)

Project
Signed

EUR 55 million credit protection to Santander Leasing S.A. ("SL"), the leasing subsidiary of Santander Bank Polska S.A. ("SBP") incorporated in Poland, via participation in a synthetic securitisation of a portfolio of circa EUR 515 million performing SME and corporate leasing and loan obligations, originated by SL. The structure uses an unfunded guarantee, passing on to EBRD the credit risk of the

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The project “Santander Leasing synthetic securitisation” is an infrastructure initiative in the Geothermal sector, located in Poland. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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signed

Taiyo status

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Taiyo last update

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Email

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Description

Description

EUR 55 million credit protection to Santander Leasing S.A. ("SL"), the leasing subsidiary of Santander Bank Polska S.A. ("SBP") incorporated in Poland, via participation in a synthetic securitisation of a portfolio of circa EUR 515 million performing SME and corporate leasing and loan obligations, originated by SL. The structure uses an unfunded guarantee, passing on to EBRD the credit risk of the mezzanine tranche of the securitised portfolio.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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