Filip & Company Advises Instant Factoring on EUR 30 Million Cross-Border Securitization Partnership

"Filip & Company advised Instant Factoring Romania on a EUR 30 million cross-border securitization partnership with a Luxembourg fund reportedly advised by Cuatrecasas. The transaction established a securitization fund in Spain under the Spanish financial regulator, with the Luxembourg fund as senior creditor, implemented under the EU Securitization Regulation to support long-term funding of SME receivables for Instant Factoring Romania and Spain."

Filip & Company advised Instant Factoring Romania, while Cuatrecasas reportedly advised the Luxembourg fund involved in the transaction. According to Filip & Company, the transaction comprised the structuring and implementation of a EUR 30 million cross-border securitization partnership. The deal involved the establishment of a securitization fund in Spain placed under the supervision of the Spanish financial regulator, with the Luxembourg fund acting as senior creditor. Implemented under the EU Securitization Regulation, the structure is intended to support Instant Factoring Romania and Instant Factoring Spain in securing long-term funding backed by SME receivables. Filip & Company represented Instant Factoring Romania with a team composed by: Partner Alexandra Manciulea, Counsel Rebecca Marina, and Associate Raluca Bita. Cuatrecasas reportedly advised the Luxembourg fund.

Filip & Company Advises Instant Factoring on EUR 30 Million Cross-Border Securitization Partnership

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