Waselius & Wist advised LocalTapiola Finance (LähiTapiola Rahoitus Oy) again as the originator in the EUR 543.3 million public securitisation of a portfolio of Finnish consumer auto hire purchase contracts. The transaction is STS labelled and notified to ESMA on 28 April 2023. 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 was 28 April 2023.
LocalTapiola Finance is a specialised car finance company established in 2017 and a member of the LocalTapiola Mutual Insurance Group.