Clifford Chance advises EIB & EIF on €1.2 billion loan

Clifford Chance has advised both the European Investment Bank (EIB) and the European Investment Fund (EIF), as main investors on a €1.2 billion STS securitisation, backed by auto loans originated by BBVA.

The Clifford Chance team was led by Global Financial Markets partner José Manuel Cuenca (pictured), with the support of senior associate Leonardo Fernández, senior associate Pedro Cubillas and junior associate Virginia Jiménez. Counsel Roberto Grau advised on tax issues.

Michael Heron

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