Cases & Lacambra advises on the creation of the €1.04 billion securitization fund “Abanca RMBS 2025, FT”
Cases & Lacambra has advised on the incorporation of the securitization fund “Abanca RMBS 2025, FT” to which assets in the amount of 1,040 million euros have been assigned, as well as on the issue of securitization bonds in the amount of 936 million euros.
The fund has been constituted and will be managed by Beka Titulización, S.G.F.T., S.A.U., with Beka Finance, Sociedad de Valores, acting as Lead Manager and Prime Collateralised Securities (PCS) EU SAS acting as STS verifier, as this securitization meets the requirements and is recognized as “STS” or “simple, transparent and standardized” under the Securitization Regulation.
The members of financial services team who have advised on this transaction are partner, Toni Barios, Of Counsel, Araceli Leyva and Claudi Rossell, and associates, María Arroyos and Paula Alarcón.
