GENERAL MEETING DRAFT - Bankier.pl

ORIGINATOR: Fineco Leasing S.p.A.
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:
363
performing
31/05/2006
1,019,029,516 �
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>> Consolidated Financial Statements
Part E – Information on risks and related risk management policies
F-E Gold
F-E Green
F-E Blue
Traditional
Traditional
Traditional
Fineco Leasing S.p.A.
Fineco Leasing S.p.A.
Fineco Leasing S.p.A.
F-E Gold S.r.l.
F-E Green S.r.l.
F-E Blue S.r.l.
Fineco leasing S.p.A.
Fineco Leasing S.p.A.
Fineco Leasing S.p.A.
UniCredit S.p.A.
MCC UniCredit Group; Co-arrangers: ABN
Amro e Morgan Stanley
Morgan Stanley & Co. International Limited
Funding
Funding
Funding
Loans relating to leases of property (65,9%), Loans relating to leases of property Loans relating to leases of property (75,4%),
motor vehicles (26,7%) and business assets (63,84%), motor vehicles (27,04%) and motor vehicles (12,7%) and business assets
(7,4%)
business assets (9,12%)
(11,9%)
performing
09/06/2004
1,450,061,353 �
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European Investment Found guarantee on
tranche B for � 108.5 million
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Fineco Leasing S.p.A. granted the SPV a Fineco Leasing S.p.A. granted the SPV a
subordinated loan of � 31.6 million (as subordinated loan of � 45.7 million (as
Equity)
Equity). At the end of accounting period the
amount of capital tranche is equal to 11.3
million euro.
Revolving closed in October 2007
Moody's /Fitch
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Revolving closed in October 2005
Fitch/Moody's/S&P
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performing
14/06/2002
1,755,353,965 �
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Amount and Conditions of tranching:
. ISIN IT0004068588 IT0004068612 IT0003675763 IT0003675771 IT0003315832 IT0003315840
. Type of security Senior Senior Senior Senior Senior Mezzanine
. Class A1 A2 A B A B
. Rating AAA / Aa2 AAA / Aa2 AAA / Aaa / AAA AAA / Aaa / AAA AAA / Aaa / AAA AA-/A1/AAA
. Nominal value issued 203,800,000 � 749,000,000 � 1,342,000,000 � 108,500,000 � 1,641,255,000 � 78,991,000 �
. Nominal value at the end of accounting period 0 � 489,922,398 � 215,262,329 � 108,500,000 � 65,059,348 � 78,991,000 �
. ISIN IT0004068620 IT0004068638 IT0003315865 IT0003315873
. Type of security Mezzanine mezzanine Mezzanine Junior
.Class B C C D
. Rating A+ / Baa1 BBB / Ba1 BBB+/Baa2/A unrated
. Nominal value issued 56,000,000 � 10,200,000 � 35,107,000 � 9,428,000 �
. Nominal value at the end of accounting period 56,000,000 � 10,200,000 � 35,107,000 � 9,428,000 �
ORIGINATOR: UNICREDIT BANK AG (ex HVB AG)
STRATEGIES, PROCESSES AND GOALS:
INTERNAL MEASUREMENT AND RISK MONITORING SYSTEMS:
ORGANISATIONAL STRUCTURE AND SYSTEM FOR REPORTING TO SENIOR
MANAGEMENT:
HEDGING POLICIES:
OPERATING RESULTS:
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Revolving closed in October 2003
Fitch / Moody's / S & P
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The main motivation for the Bank's securitization programs is the Capital relief and Funding for True
Sale Transactions.
Each portfolio is monitored by the servicing department on an ongoing basis and it is illustrated in the
form of a monthly or quarterly report (investor report), which provides a break down of the status of
loans.
The Board Members approve each new transactions and any other related decision. The bank's annual
/ interim report contain information on the bank's own ABS transactions. The Board member are
provided with planning forecast figures and annual performance.
For true sale transactions the issuer hedged portfolio's interest rate risks through Interest Rate Swaps.
The results achieved up to the present are broadly in line with expectations; payments reveived from
the portfolio ensured punctual and full payment to security holders and other parties to the transaction.