BBVA CONSUMO 8, FT is a EUR 700m true-sale securitisation of auto loans granted to Spanish individuals. BBVA originated the assets to finance the acquisition of new and used vehicles. Scope assigned the definitive ratings to the notes issued by BBVA CONSUMO 8 FT on the transaction closing date 20 July 2016. The detailed rating report is freely available on www.scoperatings.com and contains the rating rationale, analytical details, as well as important regulatory disclosures.

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