Jaime de la Torre

Cuatrecasas in the creation of the AutoNoria Spain 2022 securitization fund

Cuatrecasas has advised BNP Paribas and Banco Cetelem on the securitisation of loans for the acquisition of vehicles through the AutoNoria Spain 2022 securitisation fund.

BNP Paribas acted as sole lead arranger and coordinator, while Banco Cetelem, a financial institution supervised by the Bank of Spain and wholly owned by BNP Paribas Personal Finance, participated as the originator of the loans.

AutoNoria Spain 2022 groups as underlying asset a set of loans to individuals and legal entities for the acquisition of new, used or recreational vehicles, amounting to €600m.

The team from Cuatrecasas advising BNP Paribas and Banco Cetelem was formed by partner, Jaime de la Torre (pictured) and lawyers, Jaime Juan Rodríguez and Gonzalo Terceño.

Irina Wakstein