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Waselius & Wist advised Banco Santander as arranger and joint lead manager in the 9th 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 on 14 October 2020.