Waselius & Wist advised LocalTapiola Finance (LähiTapiola Rahoitus Oy) on the deal.
LocalTapiola Finance (LähiTapiola Rahoitus Oy) announced the EUR 592 million public securitisation of a portfolio of Finnish consumer auto hire purchase contracts. The transaction, the first public ABS for the originator, is STS labelled and notified to ESMA on 26 April 2021.
LocalTapiola Finance is a specialised car finance company established in 2017 and a member of the LocalTapiola Mutual Insurance Group.
The Waselius & Wist team included Maria Lehtimäki (Picture), Niklas Thibblin, Ville-Veikko Vänttinen and Daniela Fredman.
Law Firms: Waselius & Wist;
Clients: LocalTapiola Finance;