Ramón y Cajal advises on €383m Bankia deal

Ramón y Cajal Abogados has advised Bankia on the sale of a €383m portfolio of loans made to the hotel sector.


The firm said in a statement that the transaction, which comprises a total of 91 transactions involving 45 assets, “frees up resources for granting new credit, raises the bank’s liquidity and contributes to improving asset quality.”

Under the terms of the deal, Bank of America takes control of the performing loans and DK Capital takes ownership of the remaining loans.

The Ramón y Cajal team on the deal – called Project Castle – was led by finance partners, Idoya Arteagabeitia and Javier Menchén. It included tax partner Luis Rodriguez-Ramos and M&A partner Antonio Sanchez Montero.

Ramón y Cajal advises on €383m Bankia deal

Ben Cook


Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram