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Sareb sells to Axactor a loan portfolio of 1.5 billion euros: Advisors

Auren Legal has acted as legal advisor to Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria (Sareb) in the sale of a portfolio of unsecured loans, called Cartera Génoba, with a nominal value of €1,517 million, originating from developers and not individuals. The sale of the Genova Portfolio is Sareb’s largest transaction of the year.

Jesús Bernabé Barquín, partner, Miguel Ángel Barrilero Martín, manager (both pictured), and José Ángel Novo Gómez, Francisco Gallego Rodríguez and Naiara Madariaga Duñabeitia, lawyers, have participated in the legal advice.

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Julia Gil

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