Hogan Lovells advises abcbank GmbH on the securitisation of a leasing portfolio

Press releases | 20 June 2025

Led by Frankfurt partner Dr. Sven Brandt and counsel Sebastian Oebels, global law firm Hogan Lovells has advised abcbank GmbH on the securitisation of a leasing portfolio of medium-sized customers.

The securitisation was refinanced through notes listed on the Luxembourg Stock Exchange. The senior tranche of the notes was rated AAA(sf) by both DBRS and Fitch, and partially guaranteed by the European Investment Fund (EIF). This marks only the second non-synthetic securitisation transaction in Germany to be backed by an EIF guarantee – Hogan Lovells also advised on the first.

Through the transaction, abcbank was able to offload significant credit risk and free up regulatory capital, enabling it to provide additional financing to medium-sized enterprises.

Hogan Lovells supported abcbank with a cross-office team from Frankfurt, Dusseldorf, Luxembourg, and Paris, advising on all legal aspects of the securitisation transaction.

Hogan Lovells team for abcbank GmbH

Dr. Sven Brandt (Partner), Sebastian Oebels (Counsel), Leyla Memis (Senior Business Lawyer), Didem Savas (Senior Projects Associate), Dilek Ovic (Associate) (all Capital Markets, Frankfurt); Sharon Lewis (Partner), Ailsa Davis (Counsel), Joanna Veitch (Associate) (all Capital Markets, Paris); Dr. Heiko Gemmel (Partner), Vanessa Rinus (Associate) (both Tax, Dusseldorf); Ariane Mehrshahi (Partner), Agnes Merz, Valérie Laskowski, Carla Valdés Cortés (Senior Associates) (all Capital Markets, Luxembourg); Gérard Neiens (Partner), Jean-Philippe Monmousseau (Counsel), Michèle Aké (Associate) (all Tax, Luxembourg).