Practice Areas - Debt Capital Markets Law Firms and Lawyers
Deal Date: | 06-05-2014 | Practice Area: | Debt Capital Markets |
Deal Title: | Cerberus Non-Performing Loan Securitisation | Industry: | Banks |
Description: |
Ashurst has advised UniCredit S.p.A. in relation to the disposal to Cerberus on non-recourse basis (pro soluto) of a non performing unsecured consumer and personal loans credit portfolio for an aggregate gross book value amount of about EUR950 million. The portfolio has been purchased by Cerberus pursuant to a securitisation transaction where Credito Fondiario S.p.A. has acted as sponsor and servicer.
The Ashurst team was led by Milan partner Gianluca Fanti and included associate Francesco Scebba.
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Financial Center: | Milan | Value: | 1000.01-5000.00 |
Advised Party: | Originator | Law Firm | Ashurst |
Assets Jurisdiction | Italy | Issuer Jurisdiction | Italy |
Classification: |
Securitisation and Structured Finance Non-Performing Loans |
Lawyer | Gianluca Fanti |