European Companies Search Engine

RevoCar 2021-2 UG, Frankfurt a. Main, Germany

Name

RevoCar 2021-2 UG

Register

Ut
District Court of Frankfurt HRB 124220

Address

Corporate purpose

The activity as a special purpose vehicle ("SPV") for the securitisation transaction RevoCar 2021-2 of a German credit institution ("portfolio supplier"). To this end, the Company will pursue in particular the following activities: (a) acquisition of receivables and other assets of the portfolio supplier and hedging of receivables and other assets by the SPV, (b) financing the acquisition and / or hedging of the assets mentioned under (a) by issuing bearer bonds and other instruments, by taking out loans and / or by any other suitable and (c) entering into contracts (including the conclusion of an interest rate swap and a currency swap) in connection with or as an ancillary transaction for the activities referred to in (a) and (b). The Company will not actively manage the acquired assets from a revenue perspective or have them operated by third parties. The Company will not conduct any business subject to authorisation under the German Banking Act. In particular, the Company will not operate the deposit business within the meaning of § 1 (1) sentence 2 no. 1 of the German Banking Act (Kreditwesengesetz, KWG); it will refinance itself by issuing bearer bonds that fall under the corresponding area exception in § 1 para. 1 sentence 2 no. 1 KWG (see (b)) and possibly obtain a loan from the portfolio supplier or a company belonging to its group, the repayment of which is to be offset against any losses from the transferred receivables portfolio (first loss piece); it may also take out loans from credit institutions entitled to do so and, moreover, limit itself to taking out loans which, on the donor side, do not constitute a constituent activity of the lending business in Germany. The Company will not acquire any real estate. The Company will not manage, establish, acquire or participate in other companies. The Company will not enter into any domination or profit and loss transfer agreements or other intercompany agreements.

Financials

For this company, Revenue numbers are only available to our premium service subscribers.

Learn more about the North Data Premium Service

History

Network

Loading network

The data on this page is generated by a fully automated algorithm. It may have errors, and is provided on an "as is" basis with no guarantees of completeness, accuracy, usefulness or timeliness.

Creative Commons License The visualizations for "RevoCar 2021-2 UG, Frankfurt a. Main, Germany" are provided by North Data and may be reused under the terms of the Creative Commons CC-BY license.