- Created: Wednesday, 09 August 2017 16:41
PLMJ acted for Citigroup Global Markets and Deutsche Bank, in their capacity as joint lead managers, on the Ulisses Finance no. 1 deal, a Portuguese asset-backed security (ABS).
The deal involved the securitisation of a portfolio of car loans originating from 321Crédito (formerly BPN Crédito) with a value of around €150 million.
PLMJ coordinated the work of seven teams of lawyers and in-house counsel, including lawyers from DLA Piper, Baker & McKenzie, Ashurst, SRS Advogados and VdA Vieira de Almeida.
Lisbon-headquartered 321Crédito finances of the purchase of used cars. It has relationships with over 1,300 used car dealers in Portugal.