Hogan Lovells advises BPER Banca on new €500 million European Covered Bond

The covered bonds are intended for institutional investors and secured by a 100% residential mortgage portfolio.

It marks the issuance of the third series of European Covered Bond (Premium) made by BPER Banca in compliance with the new national and European regime on covered bonds. The covered bonds issued are labelled “Premium” in accordance with the new regime.

The team that advised BPER Banca on the transaction was led by partner Annalisa Dentoni-Litta, together with senior associate Alessandro Azzolini, associate Andrea di Paola and trainee Davide Di Falco. Serena Pietrosanti, head of Tax Italy, and Maria Cristina Conte, counsel, advised on the tax aspects.