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We advise Caixabank on the sale of nonperforming loan portfolios

07 Nov 2016

Caixabank has completed the sale of two nonperforming loan portfolios to international investment funds specialized in managing this type of assets.

The loan package is mostly made of real estate debt. The banking institution continues with its process of divestment from toxic assets and nonperforming loans related to the real estate sector.

Cuatrecasas advised Caixabank in the sale process. The Corporate Financial area led the transaction through the team of partners Héctor Bros and Beatriz Causapé, together with associates Adriana Serra and Laura Torrecilla.

Matter Type
Asset Sale: Seller's Counsel
Industry
Finance & Banking
News Category
Banking & Finance
M&A
Real Estate & Construction