Scope Ratings UK Ltd announces that the GBP 40.0m drawing on the Class A-1 notes will not, in and of itself, result in a Rating Action or withdrawal of the current rating of the Class A-2 notes issued by Vantage Data Centers Jersey Borrower SPV Limited.

The securitised portfolio consists of consumer loans originated by BBVA to borrowers in Spain.

The transaction is a securitisation of real estate and lease receivables related to four German data centres, valued at EUR 928m, and managed by Vantage Data Centers.

The periodic review has resulted in no rating action.

This publication does not constitute a rating action.

Class B notes have been fully repaid.

This publication does not constitute a rating action.

This publication does not constitute a rating action.

The underlying portfolio of secured and unsecured NPL loans was extended to companies and individuals by multiple originators and serviced by doValue S.P.A.

The amendment to the special servicer agreements will not in itself result in a rating action or withdrawal of the current class A note rating.