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Allen & Overy advises on the acquisition of an NPL portfolio

Allen & Overy advises on the acquisition of an NPL portfolio

News
12 March 2024
Related people
Image of Pietro Bellone
Pietro Bellone

Partner

Milan
Image of Martina Gullino
Martina Gullino

Senior Associate

Milan
Image of Elia Ferdinando Clarizia
Elia Ferdinando Clarizia

Counsel

Milan

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Allen & Overy advises Orano on the launch, in partnership with Supernova Invest, of the Orano Venture Fund dedicated to sovereign and sustainable industrial transition

Allen & Overy has assisted Barclays in the acquisition, through a securitisation vehicle, of a portfolio of non-performing loans owed by debtors based in several European jurisdictions.

The portfolio has been sold by leading international financial institutions in the context of a competitive process involving a plurality of investors.

Allen & Overy has provided assistance in relation to the legal and regulatory aspects of the transaction with a team led by partner Pietro Bellone, with the support of senior associate Martina Gullino. Counsel Elia Ferdinando Clarizia has advised on tax matters. Lawyers of other Allen & Overy’s offices have dealt with the relevant aspects of the transaction in their respective jurisdictions. 

 

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