Bumper 3

The Bumper 3 transaction was completed in April 2009 whereby GBP 887 million of lease receivables and associated residual value receivables originated by LeasePlan UK Ltd. (the “originator”) were sold to Bumper 3 Finance Plc, a bankruptcy remote limited liability company specially incorporated for the purpose of securitisation transaction under the laws of England and Wales.

The debt securities issued in April 2009 were divided into A-notes (EUR 733.8 million), B-notes (GBP 79.9 million) and C-notes (GBP 142.0 million). The notes are listed on the Irish Stock Exchange. The transaction was assessed by Fitch Ratings.

Bumper 3 was fully unwound per September 2012.

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