Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 25-08-2015 | Practice Area: | Debt Capital Markets |
| Deal Title: | Opel Bank Securitisation of Auto Loans via E-Carat Platform | Industry: | Banks |
| Description: |
White and Case LLP advised US Bank Global Corporate Trust Services (U.S. Bank) on a securitization transaction for Opel Bank of approximately EUR450 million.
The transaction refinanced a pool of auto loans granted in Germany by Opel Bank, a subsidiary of Adam Opel AG. It used Compartment 8 of Opel Bank's Luxembourg-based securitization platform E-Carat SA. US Bank acted as collateral agent, cash manager, account bank, paying agent, back-up calculation agent and agent bank.
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| Financial Center: | Frankfurt | Value: | 500.01-1000.00 |
| Advised Party: | Collateral Manager | Law Firm | White & Case |
| Assets Jurisdiction | Germany | Issuer Jurisdiction | Germany |
| Classification: |
Securitisation and Structured Finance Auto Loans |
Lawyer | Dennis Heuer |
