Hogan Lovells advises Intrum on a securitisation of lease receivables dismissed by Banco BPM

Hogan Lovells advises Intrum on a securitisation of lease receivables dismissed by Banco BPM

Press releases | 09 May 2025

Rome, 9 May 2025 - Global law firm Hogan Lovells advised Intrum Italy S.p.A. (Intrum), as special servicer and asset manager, in relation to a securitisation of lease receivables transferred by Banco BPM, in the context of a broader transaction carried out by Banco BPM for dismissing a NPE lease portfolio for an overall amount of €350 million.

In the context of such transaction, Banco BPM has transferred part of the portfolio to the special purpose vehicle Alcazar SPV S.r.l., while Tago LeaseCo S.r.l. became the owner of the related legal relationships and leased assets.

The Hogan Lovells team that advised on the transaction was led by Italy Managing Partner Patrizio Messina and partner Sabrina Setini, together with senior associate Roberto Trionte and trainee Davide Di Falco.