Financing and restructuring newsletter Fourth Quarter 2020 (January 2021)

CASES AND TRANSACTIONS

- ELECNOR Asset-backed securities fund to develop sustainable energy projects

- ELAWAN ENERGY Financing for five photovoltaic plants

- COLONIAL Credit facility for €1 billion

- CODERE Issue of super senior bonds ING BANK Largest RMBS fund registered in Spain

- TRESMARES CAPITAL Direct lending for corporate acquisition

LEGISLATION COVID-19:

- latest legislative measures

- Implementation of Next Generation EU fund Regulations affecting the financing of renewable energy projects

CASE LAW

- Classification of group companies’ credits

- Stamp duty on assignments of mortgage loans

- Right to buy back disputed debts: non-admission of flat-rate loans in the sale of portfolios

- Dismissal of a clawback action owing to justified damage

- Scope of the privilege in mortgage loan interest

OTHER NEWS

- Renewal of the moratorium period for debts

- Equator Principles: entry into force of the latest version