Baker McKenzie advised Zürcher Kantonalbank and Credit Suisse AG acting as Joint Arrangers, Joint Bookrunners and Joint Lead Managers in connection with the issuance by First Swiss Mobility 2022-1 AG of CHF 218,800,000 2.43 per cent. asset-backed Class A Notes due 2031, CHF 22,400,000 4.00 per cent. asset-backed Class B Notes due 2031 and CHF 14,900,000 6.00 per cent. asset-backed Class C Notes due 2031. The Notes which are backed by a portfolio of Swiss auto lease assets originated by Multilease AG are issued under English law and listed on the SIX Swiss Exchange. The transaction closed on 16 December 2022 and follows a series of auto lease securitisation transactions by Multilease AG performed in 2017, 2019 and 2020.

With regard to Swiss law, the Baker McKenzie Zurich team was led by Ansgar Schott (Partner, Corporate Finance) and further included Sammy Guidoum (Associate, Corporate Finance), Lukas Brügger (Associate, Corporate Finance) and Andrea Bolliger (Counsel, Tax).

With regard to English law, the Baker McKenzie London team was led by Sarah Porter (Partner, Structured Capital Markets) and Jeremy Levy (Partner, Structured Capital Markets) and further included Joana Fragata (Senior Associate, Structured Capital Markets) and Madeleine Barrow (Associate, Structured Capital Markets).

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