Allen & Overy is the leading legal adviser in the covered bonds market.
Working closely with the authorities, issuers and investment banks on the implementation of domestic legislation across numerous jurisdictions we have a deep appreciation of the issues encountered in the market and have worked on a variety of structures.
As a result, we have advised on covered bond programmes not only in the core markets in Europe but across the globe both for structured and legislative covered bond transactions. We have a particular track record of advising on the first covered bonds programmes in markets, such as advising on the first covered bond programmes in Australia, Greece, Hungary, Italy, Korea, New Zealand, Switzerland and the UK. We have also acted on the establishment of covered bond programmes in Canada, Finland, France, Germany, the Netherlands, Norway, Spain, Sweden and the U.S.
We also work with the broadest range of assets for inclusion in covered bond programmes including social housing loans, infrastructure loans, shipping loans commercial mortgages as well as residential mortgage loans.
News & insights
News: 16 SEPTEMBER 2021
Allen & Overy has advised Oesterreichische Kontrollbank on legal aspects of its issue of USD1.75 billion 0.500% guaranteed global notes due 2024. The notes are guaranteed by the Republic of Austria…Read more
News: 15 SEPTEMBER 2021
Allen & Overy’s International Capital Markets practice advised a syndicate of 10 underwriters in connection with a USD500 million sustainability-linked bond issuance for Suzano S.A.Read more
News: 02 SEPTEMBER 2021
Allen & Overy today announced that David Flechner has returned to the firm as a partner in the Latin American practice. David joins from Paul Hastings LLP, where he was a partner in their Capital…Read more
Publications: 06 MAY 2020
The A&O team provided an overview of the current funding and purchase schemes that accept asset-backed securities, covered bonds and loan portfolios as collateral.Read more