Cadwalader advised Multilease AG (part of the Emil Frey group) on its inaugural Swiss auto lease securitization arranged by Credit Suisse.
The auto lease assets originated by Multilease AG back the issuance of CHF 260,700,000 Class A Notes, CHF 22,200,000 Class B Notes, and CHF 14,100,000 Class C Notes governed by English law and listed on the Swiss Stock Exchange. The Class A Notes are rated “Aaa(sf)” by Moody’s and “AAAsf” by S&P, the Class B Notes are rated “A1(sf)” by Moody’s and “AA-(sf)” by S&P, and the Class C Notes are rated “Baa2(sf)” by Moody’s and “BBB+(sf)” by S&P.
Cadwalander has advised Multilease AG with a team including Stephen Day (Picture), Suzanne Bell and Michelle Chan.
Law Firms: Cadwalader Wickersham & Taft;
Clients: Multilease AG;