Santander Consumer Bank's consumer and auto lending unit, Santander Consumer Finance Oy plans to sell €389.4 million ($442.7 million) of bonds backed by Finnish auto loans receivables, according to Moody's Investors Service.

SCF Rahoituspalvelut I Designated Activity Company is backed by portfolio of Finnish auto loans to finance the purchase of new (36.6%) and used (63.4%) vehicles. The pool entirely excludes loans that finance vehicles manufactured by Volkswagen Group.

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