IKB to market first post-crisis SME ABS

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By Tom Porter
14 Jul 2014

IKB Leasing will meet investors in Europe this week ahead of its second lease and hire purchase securitization backed by loans to German SMEs. The amount of senior bonds available is curtailed by European Investment Bank involvement but the deal offers some decent sized mezzanine tranches.

IKB and LBBW are arrangers on German Mittelstand Equipment Finance No. 2, while Deutsche Bank will join them as a joint lead manager. The team will conduct a series of investor meetings starting in Frankfurt and Munich on Tuesday, before moving on to London and Paris and finishing ...

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