The issue prospectus has been registered with the CNMV.
The fund groups normal repayment and balloon loans, which have been granted by RCI Banque, branch in Spain (Mobilize Financial Services brand) for the acquisition of vehicles, mainly from brands such as Renault, Nissan and Dacia, among others.
Société Générale and BNP Paribas acted as Joint Arrangers, Europea de Titulización acted as fund manager, and the verification of STS requirements was carried out by SVI – STS Verification International GmbH.
“This securitisation incorporates innovations in terms of asset repurchase and balloon loan assumptions and demonstrates the excellent work of the team formed with Mobilize Financial Services in Spain, BNP Paribas, Société Générale and Europea de Titulización,” said Jaime de la Torre, Cuatrecasas Finance partner, who led this transaction with the assistance of lawyers Jaime Juan Rodríguez, Jerónimo Poza and Ramiro Guisasola.