NautaDutilh has acted as lead counsel to Lender & Spender on the Mila 2025-1 B.V. transaction, a true-sale securitisation of a 12-month revolving pool of Dutch consumer credit, originated and sold by Lender & Spender. The transaction involved the issuance of over EUR 300 million in notes and attracted strong investor interest, resulting in placement with a broad and diverse group of investors.
“We had the opportunity to work alongside Lender & Spender again and contribute to their second public Dutch consumer credit ABS transaction, Mila 2025-1. Seeing the positive market response is a great outcome.”
This transaction follows Mila 2024-1, Lender & Spender’s first securitisation. That deal received the 2024 Annual Securitisation Award, recognising their commitment to excellence and innovation in the market. NautaDutilh also acted as lead counsel for that inaugural transaction.
Our team supporting Lender & Spender on this securitisation included, in addition to Liza Gerritsen, Michaëla Ulrici, Carlijn Storm (Structured Finance), Nico Blom, Riemer Meinderts (Tax), Frans van der Eerden, Jasha Sprecher, Sven Uiterwijk, Mounia Chaïne (Financial Law), Bart Wijnstekers (Dispute Resolution), Leanne Meurs and Wijnand Bossenbroek (Notarial law) Sophie Rougeron and Meliha Dacic (LUX Banking, listing).
