Hogan Lovells advises Stellantis on its €1.2 billion cash SRT securitization

The transaction also satisfies the regulatory requirements for the achievement of the significant risk transfer (SRT).

The senior and mezzanine notes issued by the special purpose vehicle Auto ABS Italian Stella Loans S.r.l. have been assigned a rating by DBRS and Fitch and have been placed on the market to institutional investors.

The Hogan Lovells team that advised on the transaction was led by partner Federico Del Monte with support from associate Diego Del Principe, Anita Lucchini and Pietro Grieco and trainees Sofia Golzi and Gloria Messina. Serena Pietrosanti, head of Tax Italy, and Maria Cristina Conte, counsel, advised on the tax aspects of the transaction..