Raiffeisen-Leasing completes €440m securitisation

The deal sees the EIB participate in its first public asset-backed securitisation in Austria, with Raiffeisen aiming to lend more to SMEs.

The EIB Group, through the European Investment Bank and European Investment Fund (EIF), has supported Raiffeisen-Leasing’s €440 million securitisation deal.

The transaction saw the EIB invest €150 million and ING Germany €250 million in the senior notes, with ING Germany’s tranche covered by an EIF guarantee.

Raiffeisen-Leasing subscribed to a €40 million mezzanine tranche and the transaction was structured, arranged and placed by Raiffeisen Bank International as sole arranger.

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