A new Dutch sale and leaseback transaction has joined the beginning-of-the-year European securitization new-issue pipeline.
The deal, which is called Castle, is structured with a €200 million ($259 million) inflation-linked piece and a sterling-denominated £175 million ($273 million) fixed-rate tranche, according to market reports.
The deal is backed by lease payments from a research and technology unit of a Dutch technology company.
