Norton Rose has advised on the closing of the first consumer finance securitisation in Greece.
The firm fielded a team from its London headquarters led by capital markets partner Sandrine Sauvel.
3 minute read
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https://www.law.com/international-edition/2009/05/13/norton-rose-acts-on-greeces-first-consumer-finance-securitisation-deal/
Norton Rose acts on Greece's first consumer finance securitisation deal
Norton Rose has advised on the closing of the first consumer finance securitisation in Greece. The firm fielded a team from its London headquarters led by capital markets partner Sandrine Sauvel.The loans, originating from Piraeus Bank, are the first consumer finance loans securitised in Greece to be covered by a major credit rating agency. The transaction, arranged by Morgan Stanley, involved €493m (£435m) in class A notes, which were rated by Moody's, and €232m (£208m) in class B notes.
May 13, 2009 at 10:36 PM
1 minute read
The original version of this story was published on Legalweek
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