Linklaters advised Société Générale and ABN AMRO Bank N.V.

Linklaters advised Société Générale and ABN AMRO Bank N.V., as Joint Lead Managers, on a new French public STS securitisation of auto lease and related residual value receivables originated by LeasePlan France.

The FCT Bumper FR 2022-1 has issued (i) EUR 500,000,000 class A notes rated AAA (sf) by DBRS and Aaa (sf) by Moody's, (ii) EUR 32,500,000 class B notes rated AA (high)(sf) by DBRS and Aa2 (sf) by Moody’s and (iii) EUR 142,499,700 class C unrated notes. The class A and the class B notes are officially listed and admitted to trading on the regulated market of the Luxembourg Stock Exchange.

The Linklaters team was led by Patrice Doat (partner) and Guillaume Malaty (managing associate) on the securitisation aspects, with support from Vincent Poilleux (counsel) on the swap aspects.

LeasePlan was advised by Hogan Lovells.