EXHIBIT 4.2
November 2001
In November, 2001, BCP Investimento and Deutsche Bank (Portugal), S.A.
(Deutsche Bank) reached agreement on a consumer credit securitization
program. The agreement provides for the sale of asset backed securities
to be issued by Nova Finance N(0)2, Plc, a Special Financing Vehicle
established in the Republic of Ireland. The asset backed securities are
collateralized by consumer loans originated by BCP through its network
NovaRede. Under the terms of a companion receivables sale agreement
between BCP, as Originator, and Deutsche Bank, as Purchaser, dated
November 21, 2001 and supplemented by further agreement, BCP has agreed
from time to time to offer to sell and assign to Deutsche Bank tranches
of its consumer loan receivables and Deutsche Bank has agreed from time
to time to accept any such offers with the purchase price of the initial
tranche of receivables on the initial purchase date to be euro
352,100,000 and the purchase price for each subsequent tranche of
receivables to be 100 per cent. of the aggregate outstanding principal
amount thereof as at the relevant collateral determination date.
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