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Waselius & Wist advised Santander as issuer and originator in the 8th securitisation of auto loan hire purchase contracts originated by Santander Consumer Finance Oy. The transaction is designated as an STS (simple, transparent and standardised) securitisation, complying with the procedural and structural requirements laid out in the EU Securitisation Regulation. Santander Consumer Finance Oy is a Finnish finance company and a market leader in auto financing and a member of the Santander group. The transaction closed 17 October 2019.
Value: EUR 799.2 million