ABN Amro breaks ABS record with smile


ABN Amro brought its asset backed business for 2001 to an end on a high note with the biggest ever all-cash publicly offered euro-denominated ABS transaction – SMILE 2001. The issue of nine euro-denominated notes totalling e5 billion was backed by a portfolio of medium and long-term loans granted by ABN Amro to Dutch small and medium-sized enterprises (SME), which were transferred to special purpose vehicle SMILE 2001 in a true sale.

The asset class is still novel in Europe, but completely new

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here