Walder Wyss advised AMAG Leasing
AMAG Leasing closed another Swiss auto lease securitization transaction involving the issuance by Swiss Car ABS 2020-1 of CHF 250,000,000 Asset-Backed Notes with a coupon of 0.625 per cent, due in 2030 (Optional Redemption 2023).
The Notes issued are listed on the SIX Swiss Exchange and are backed by a portfolio of Swiss auto lease assets originated by AMAG Leasing and transferred to the issuer. The Notes are rated «AAA sf» by Fitch and «AAA (sf)» by S&P. Zürcher Kantonalbank and Greensledge Capital Markets Europe LLP acted as Joint Arrangers, Zürcher Kantonalbank and UBS Investment Bank as joint lead managers and Zürcher Kantonalbank as sole bookrunner.
