Polish Player Mulls Lease, Mortgage Securitizations

18 Oct 2007

Poland’s Bank Millennium is eyeing a PLN 800 million ($307.9 million) asset-backed securities deal referencing leasing assets.

—Hugh Leask

Poland’s Bank Millennium is eyeing a PLN 800 million ($307.9 million) asset-backed securities deal referencing leasing assets. The Warsaw-based lender could also securitize part of its PLN 12 billion ($4.6 billion) mortgage book, according to reports.

Officials at Millennium, which is 65% owned by Portugal-based Banco Comercial Portugues, ...

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