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CHF 300 million ABS Notes—BMW Group vehicle lease assets securitization listed on SIX Swiss Exchange
On 15 May 2013, BMW Group successfully closed a cross-border securitization of a portfolio of lease assets originated in Switzerland. The CHF 220.5 million Class A Notes are listed on the SIX Swiss Exchange. The transaction involved the sale by BMW (Schweiz) AG of Swiss car and motorbike lease assets to a newly established Luxembourg…
Reference: CapLaw-2013-19