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Allen & Overy advises on the placement of ABS notes of FCA Bank

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Allen & Overy has advised Crédit Agricole Corporate and Investment Bank and UniCredit Bank AG, as joint lead managers, in relation to the placement on the market of senior notes, for a value of EUR400 million, issued in the context of a securitisation of auto loans and leases carried out by FCA Bank S.p.A. – Niederlassung Deutschland.

The senior notes were issued by Asset-Backed European Securitisation Transaction Twenty-One B.V. and initially subscribed for by FCA Bank.

Allen & Overy acted with a team led by partner Stefano Sennhauser and counsel Pietro Bellone, supported by associate Pietro Milanesi.