| News | July 2023 | «Cases & Lacambra has advised Sareb on the sale of a €3.000 million portfolio, the largest one sold by the entity» |

The Financial Services practice group of Cases & Lacambra has advised Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria (Sareb) on the sale of a €3.000 million portfolio of unsecured non-performing loans granted to SMEs, the largest portfolio sold by Sareb to date.

The transaction was closed this week and it involves the largest portfolio sold in Sareb’s history. Cases & Lacambra has acted as its legal advisor to the transaction, while EY acted as financial advisor.

The Cases & Lacambra team was led by Toni Barios, partner of the Financial Services practice group and associate María Arroyos.