Squire Patton Boggs has advised Raiffeisen Bank International AG in Vienna on the securitization of a portfolio of German law, French law and Spanish law-governed trade receivables originated by the German, French and Spanish operating entities of the EuroChem Group AG to the value of €150 million.

Raiffeisen Bank International operates primarily in Austria and Central and Eastern Europe (CEE). In Austria, it serves the top 1,000 corporate customers in the country as one of the leading corporate and investment banks. In CEE, its subsidiaries serve customers in corporate, private and investment banking through their local business outlets.

EuroChem Group is a leading global fertilizer company producing primarily nitrogen and phosphate fertilizers, as well as certain organic synthesis products and iron ore. Headquartered in Zug, Switzerland, EuroChem operates production facilities in Belgium, China, Kazakhstan, Lithuania and Russia, supporting distribution assets in Europe, the CIS, Asia, and North and South America, and employing more than 25,000 people globally.

The cross-border team advising Raiffeisen Bank International was led by Financial Services partner Dr. Jens Rinze (Frankfurt am Main) and included Financial Services partners Andreas Lehmann (Frankfurt am Main), Veronique Collin (Paris) and Manuel Mingot (Madrid), and associates Ramon Moraleda (Madrid) and Camille Joseph (Paris).