Transaction Update: Temese Funding 2 PLC - S&P Global Ratings’ Credit Research

Transaction Update: Temese Funding 2 PLC

Transaction Update: Temese Funding 2 PLC - S&P Global Ratings’ Credit Research
Transaction Update: Temese Funding 2 PLC
Published May 14, 2025
Published May 14, 2025
Price US$ 375.00  |  Buy this Report Now

About This Report

  
Abstract:

Temese Funding 2 plc (Temese 2) was initially issued in November 2014 and restructured in 2017 and again in 2021. It is a UK equipment lease transaction, with underlying lease receivables originated by Investec Asset Finance (IAF). IAF provides asset and loan finance across a broad spectrum of asset classes and market sectors to UK businesses including SMEs, corporate and professional practices, offering a wide product range for small and middle ticket deals. At closing in 2014 the transaction had a prefunding period of six months and a revolving period of four years. In 2017 they extended the revolving period for four years to 2021. In 2021, they further extended the revolving period by four years to March 2025 along

  
Report Type:

Transaction Update Report

Issuer
Sector
Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Transaction Update: Temese Funding 2 PLC" May 14, 2025. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Transaction-Update-Temese-Funding-2-PLC-3368868>
  
APA:
S&P Global Ratings’ Credit Research. (). Transaction Update: Temese Funding 2 PLC May 14, 2025. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Transaction-Update-Temese-Funding-2-PLC-3368868>
  
US$ 375.00
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