Waselius & Wist advised LocalTapiola Finance (LähiTapiola Rahoitus Oy) again as the originator in the EUR 462,5 million public securitisation of a portfolio of Finnish consumer auto hire purchase contracts. The transaction is STS labelled and notified to ESMA on 15 September 2022. The issued Class A and Class B Notes are listed on the Irish stock exchange. Class C notes are retained. Closing date of the transaction is 15 September 2022.
LocalTapiola Finance is a specialised car finance company established in 2017 and a member of the LocalTapiola Mutual Insurance Group.