Cuatrecasas acted as legal advisor on the recent securitization transaction promoted by Sabadell Consumer Finance, called “Sabadell Consumer Finance Autos 2,” which pools a portfolio of vehicle financing loans in Spain worth €750,000,000. The transaction prospectus has been filed with the CNMV in accordance with the applicable regulations.

The bonds issued by the fund have been admitted for trading on the AIAF fixed-income market of Bolsas y Mercados Españoles (BME). Furthermore, the transaction meets the requirements to be considered STS (Simple, Transparent, and Standardized) under the Securitization Regulation.

With this transaction, Sabadell Consumer Finance positions itself as a recurring issuer, diversifies its financial resources, and enhances its financial autonomy.

“Securitization is consolidating in Spain as a relevant financing alternative,” highlights Jaime de la Torre, lawyer in the Financial Group at Cuatrecasas and lead on the transaction, together with Jaime J. Rodríguez Lozano and Álvaro Heras.

Subscribe to Directory
Write an Article

Highlight

Axon moves into Cloud Technology

by Axon Partners Group

cloud technology axon

Kenta Capital and Avalis Launch a Debt F...

by Kenta Capital

This pioneering initiative is designed to support both organic and ino...

Photos Stream