Ticket to ride?

Scandinavia is a tried and tested market for US cross-border leases, domestic leases and QTEs. But although Scandinavia has been the focus of a series of frenzied marketing campaigns from Europe and the US, there is now only a trickle of deals coming to market. However, arrangers claim this is all a...

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Bibliographic Details
Published in:Asset Finance International 2003-06, p.1
Main Author: Sheridan, Rob
Format: Article
Language:English
Subjects:
Accounting
Acquisitions & mergers
Agreements
Aircraft
Contract negotiations
Credit ratings
Cross border transactions
Energy industry
Financial services
Leasing
Legislation
Marketing
Municipal government
Operating leases
VEBA
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Summary:Scandinavia is a tried and tested market for US cross-border leases, domestic leases and QTEs. But although Scandinavia has been the focus of a series of frenzied marketing campaigns from Europe and the US, there is now only a trickle of deals coming to market. However, arrangers claim this is all about to change. If a service contract for the Asker Kommune in Norway closes successfully, it will encourage the Nordic municipal mindset to adopt a more proactive approach towards to leasing. Conservatism has reduced the number of potential deals coming to market, as municipalities have traditionally been very wary of adopting leasing as a means of managing their budgets. There is a lack of legislation governing big-ticket leasing in the Nordic region.
ISSN:1367-8086