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20/12/2019 - Scope Ratings GmbH
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Scope publishes its rating report on BCC NPLS 2019 S.r.l. - Italian NPL ABS
Scope Ratings publishes its rating report on BCC NPLS 2019 S.r.l., a securitisation of a EUR 1,324m portfolio of Italian non-performing loans (NPLs) originated by 68 different cooperative banks ‘BCCs’.
The transaction is a cash securitisation of a static Italian non-performing loan (NPL) multi-originator portfolio of EUR 1,324m by gross book value.
The report contains Scope's credit analysis regarding the rating assigned to the class A and class B notes.
Click here to access the full rating report.