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White & Case Advises Creditplus Bank on €1 Billion ABS Securitisation

Global law firm White & Case LLP has advised Creditplus Bank AG on a €1 billion ABS securitisation of consumer auto loans.

The notes are rated by S&P and DBRS Ratings. Crédit Agricole Corporate and Investment Bank and Landesbank Baden-Württemberg acted as Arranger and Manager. The issuer is Retail Automotive CP Germany 2021 UG (haftungsbeschränkt).

The White & Case team which advised on the transaction was led by partner Dennis Heuer (Frankfurt) and included partner Grégoire Karila (Paris), local partner Peter Becker (Frankfurt), counsel Emmanuel Lebaube (Paris), Alexander Born, Carsten Lösing and Andreas Klein (all Frankfurt), associates Claire-Marie Mallad (Frankfurt) and Charles Linel (Paris) and transaction lawyer Reetu Vishwakarma (Frankfurt).

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