Alantra advises an international investment fund on the sale of a €55mn secured re-performing loan portfolio

Oct 2024

Sell-side advisory

Value €55mn

Madrid – Alantra, a leading global investment bank and asset management firm, has advised an international investment fund on the sale of a secured re-performing loan portfolio granted to individuals with a total balance of c.€55mn to an American investment fund.

The portfolio is composed of loans to individuals, mainly collateralized by residential assets that have become performing after being purchased as part of a larger non-performing portfolio. The transaction was structured as a sale of CTH/PH, which the seller had acquired from a Spanish bank in the past.

Félix Rivera, Partner at Alantra FIG, said: “This transaction represents a significant step in our ongoing efforts to support our clients in optimizing their portfolios. It underscores our leadership in the re-performing loan market and highlights our ability to facilitate complex transactions that enhance liquidity in the Spanish market. We are proud to have played a pivotal role in this transaction and look forward to continuing to strengthen our partnerships with key players in the industry.”

The transaction is very significant for the Spanish Re-Performing space and marks another milestone for the seller’s divestment strategy. It also allowed Alantra to consolidate its position as the leading advisor in the secondary market of credit portfolios. Given that the term to maturity of secured portfolios is significantly longer than the expected holding period of the investor, facilitating these transactions is fundamental for the liquidity and effective divestment of this asset class.