Mortgage-backed securitization

Lenz & Staehelin acted as counsel to the originator, Crédit Agricole Financements (Suisse) SA, in relation to one of the first securitizations of mortgage-backed loans in Switzerland in recent years. The mortgage-backed securities have been issued by a special purpose vehicle in Switzerland and have been placed with Swiss institutional investors. These senior debt tranches have been rated AAA by two international rating agencies.

The Lenz & Staehelin team was led by partner François Rayroux (Banking and Finance) and included partner Frédéric Neukomm (Tax), senior associate Christelle Conti (Banking and Finance) and associate Liburn Mehmetaj (Banking and Finance).