IM Sabadell PYME 10, FT is a true-sale securitisation of a EUR 1,750m portfolio of mortgage-secured loans and unsecured loans. Banco de Sabadell SA originated the assets, which were granted to small and medium-sized enterprises to finance diverse, business-related needs. Scope assigned the definitive ratings to the notes issued by IM Sabadell PYME 10, FT on the transaction's closing date, 3 August 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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