IKB marketing first SME ABS since crisis

By Tom Porter
17 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 will be reduced by European Investment Bank involvement but the deal will still offer some decent sized mezzanine tranches.

IKB and LBBW are arrangers of German Mittelstand Equipment Finance No.2, while Deutsche Bank is 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 in the Netherlands on ...

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