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"If you are a prime and acknowledged originator of assets there is no central and eastern European pricing premium"
Georg Feldscher, Raiffeisen International |
Two of the leading banking groups in central and eastern Europe, Austria’s Raiffeisen International and Italy’s UniCredit, have demonstrated that there is continued investor appetite for structured finance assets from the region with the launch of pioneering transactions.
Raiffeisen was first to market, with a securitization of vehicle loans originated by its Polish leasing subsidiary, Raiffeisen Leasing Polska. The Zl1 billion ($410.8 million) transaction with a weighted average life of 2.8 years was the first international asset-backed issue from central and eastern Europe this year....
