GENERAL MEETING DRAFT - Bankier.pl

361
Transactions previous periods
NAME
Type of securitisation:
Originator:
Issuer:
Servicer:
Arranger:
Target transaction :
Type of asset:
Quality of Asset:
Closing date:
Nominal Value of disposal portfolio :
Guarantees issued by the Bank:
Guarantees issued by Third Parties :
Bank Lines of Credit :
Third Parties Lines of Credit :
Other Credit Enhancements :
Other relevant information :
Rating Agencies:
Amount of CDS or other supersenior risk transferred :
Amount and Conditions of tranching:
. ISIN
.Typeofsecurity
.Class
.Rating
. Reference position
. Reference position at the end of accounting period
>> Consolidated Financial Statements
Part E – Information on risks and related risk management policies
CORDUSIO SME 2008-1
Synthetic
Unicredit Corporate Banking SpA
CORDUSIO SME 2008-1
Unicredit Corporate Banking SpA
UniCredit Bank AG London Branch
Credit Risk Transfer
Small and Medium Enterprises exposures, formerly unsecured loans
performing
23/12/2008
� 3,000,901,845
-
-
-
-
-
Revolving
Standard & Poor's
� 15.005.000 on class E issued and totally repurchased
n.a.
SuperSenior
-
-
2,519,255,845 �
1,876,066,874 �
. ISIN XS0405882308 XS0405882480
. Type of security Senior Mezzanine
.Class A B
.Rating AAA AA
. Nominal value issued 60,018,000 � 89,127,000 �
. Nominal value at the end of accounting period 60,018,000 � 89,127,000 �
. ISIN XS0405882563 XS0405882647
. Type of security Mezzanine Mezzanine
.Class C D
.Rating A BBB
. Nominal value issued 81,925,000 � 76,523,000 �
. Nominal value at the end of accounting period 81,925,000 � 76,523,000 �
. ISIN XS0405882720 XS0405882993
. Type of security Mezzanine Mezzanine
.Class E F1
.Rating BB+ BB
. Nominal value issued 15,005,000 � 6,752,000 �
. Nominal value at the end of accounting period 15,005,000 � 6,752,000 �
. ISIN XS0405883025 XS0405883298
. Type of security Mezzanine Junior
.Class F2 G
.Rating BB -
. Nominal value issued 8,253,000 � 144,043,000 �
. Nominal value at the end of accounting period 8,253,000 � 144,043,000 �
ORIGINATOR: Fineco Leasing S.p.A.
STRATEGIES, PROCESSES AND GOALS: The main goals of these transactions are: better asset allocation, diversification of funding sources
and better Regulatory Ratios.
INTERNAL MEASUREMENT AND RISK MONITORING SYSTEMS: Each portfolio is monitored on an ongoing basis and is described in quarterly reports (required by
theagreements)withabreakdownofloansbystatusandthetrendofrepayments,aswellasanad
hoc analysis of details of significant aspects of the transactions.
ORGANISATIONAL STRUCTURE AND SYSTEM FOR REPORTING TO SENIOR
MANAGEMENT:
The company established an appropriate structure to monitor the transactions (the Treasury and
Securitization Area), which prepares periodic (quarterly) reports and provides an accurate, semiannual
update to senior management. The board of directors receives (semi-annual) reports as
required by laws on securitization.
HEDGING POLICIES: The Special Purpose Vehicle bought IRSs as fair value hedge and Basis Swap as cash flow hedge
(and related back to back between Originator and counterparty).
OPERATING RESULTS: At year-end, the profits from existing securitization transactions largely reflect the trends of similar
portfolios at the bank in terms of defaults and prepayments .