Practice Areas -

Debt Capital Markets Law Firms and Lawyers

  • Search Result as
  • By Days
  • Between Dates

Practice Areas - Debt Capital Markets Law Firms and Lawyers

Deal Date: 12-03-2020 Practice Area: Debt Capital Markets
Deal Title: BAML -Taurus Programme Dutch Assets CMBS Industry: Real Estate Investment & Services
Allen and Overy advised Bank of America Merrill Lynch on the first commercial mortgage backed securitisation under their Taurus programme to be backed solely by Dutch assets. The Blackstone sponsored deal, valued at EUR653 million, was secured by a portfolio of 105 office and industrial properties with a value of almost EUR1 billion. It was structured as a 144a offering allowing it to be marketed to US investors. AO advised BAML and its affiliates in various capacities, including as arranger and lead manager and as lender of the underlying loans, as to English, New York, Dutch and Luxembourg law. An AO team also advised U.S. Bank and its affiliates in their various capacities as Issuer Account Bank, Principal Paying Agent, Agent Bank, Issuer Cash Manager, Note Trustee and Issuer Security Trustee.
Financial Center: London Value: 500.01-1000.00
Advised Party: Arranger Law Firm
Assets Jurisdiction Netherlands Issuer Jurisdiction Netherlands
Classification: Securitisation and Structured Finance CMBS
Lawyer Lucy Oddy