Mayer Brown advises BNP Paribas, Deutsche Bank, J.P. Morgan and Santander Global Banking & Markets on €825 million auto loan securitisation
18 September 2014
London - Leading global law firm Mayer Brown has acted for BNP Paribas, Deutsche Bank, J.P. Morgan and Santander Global Banking & Markets as Joint Lead Managers in the EUR 825 million (equivalent) Norwegian auto loan securitisation issued by Bilkreditt 6 Limited.
The transaction involved the issuance by Bilkreditt 6 Limited, an Irish special purpose company, of EUR 715 million of Class A1 Floating Rate Secured Notes, NOK 555 million of Class B Floating Rate Secured Notes and NOK 353.2 million of Class C Floating Rate Secured Notes which are backed by a portfolio of Norwegian auto loans, purchased by the Bilkreditt 6 Limited from Santander Consumer Bank AS.
The Mayer Brown team was led by Banking & Finance partner David O'Connor who was assisted by Banking & Finance senior associates Noman Ali and Neal Handa.