spot_img
Wednesday, September 28, 2022
spot_img

W&C advises Goldman Sachs on restructuring of Casavo’s securitisation programme

White & Case LLP has advised Goldman Sachs Bank Europe and the other senior lenders on the restructuring and €150 million increase of the senior tranche of the securitisation programme for Casavo, an online PropTech platform in the real estate instant buying market

-

Casavo, the leading European PropTech platform redefining home-selling and buying, announced a €400 million fundraise. The latest €100M million Series D equity round proves the strong fundamentals and prospects of the business despite the difficult capital market conditions. The additional €300 million debt brings the company’s borrowing capacity to €500+ million, securing enough resources to scale its home-buying business for the coming years.

Casavo also concluded a new restructuring of the securitisation programme implemented in 2021, which saw the entry of new lenders and an increase in their financing under the programme

The proceeds of the increase of the securitisation programme will be used to finance Casavo’s business in Spain. 

White & Case advised Goldman Sachs Bank Europe and the other senior lenders on the restructuring and €150 million increase of the senior tranche of the securitisation programme with partners Gianluca Fanti and Giuseppe Barra Caracciolo (both Milan), Tom Falkus (London) and Fernando Navarro (Madrid) and associates Riccardo Verzeletti, Marco Cattani (both Milan), Sylvia Julius (London) and Alfonso García Freire (Madrid).

MOST READ NEWS

RyC secures art restitution seized in Civil War

A Ramón y Cajal Abogados´ Art Law, led by partners Rafael Mateu de Ros and Patricia Fernández Lorenzo, succeeded in getting the Ministry of...

Legal Dealmaker hosts a unique event that gathers more than 60 top Energy lawyers

With this event, Legal Dealmaker recognised the enormous talent and practice excellence in the Legal-Energy sector in Spain, after this media selection `Top 100...

Vicente López-Ibor Mayor, Top Energy Lawyers Tribute `HONOUR AWARD´ 2022

Legal Dealmaker is happy and proud to announce that Vicente López-Ibor Mayor, President of the European Federation of Energy Law Associations (EFELA) and President...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
error: