This publication does not constitute a rating action.

The underlying portfolio of secured and unsecured NPL loans was extended to companies and individuals by various Italian banks, and is serviced by Cerved Credit Management S.p.A..

Scope downgrades the class A notes an affirmed the class B notes issued by POP NPLs 2018 S.r.l., a static cash securitisation of a portfolio of Italian non-performing loan receivables, following a performance review.

Scope Ratings GmbH (Scope) downgrades the class A and class B notes issued by POP NPLs 2018 S.r.l., a static cash securitisation of Italian non-performing loan receivables, following a performance review.

No action has been taken on class A and class B notes issued by POP NPLs 2018 S.r.l. following the monitoring review.

Scope Ratings GmbH (Scope) has reviewed the annual performance of PoP NPLs 2018 S.r.l., a static cash securitisation of a portfolio of Italian non-performing loans worth around EUR 1,578m, originated by 17 Italian banks and serviced by Cerved S.p.A.

Scope has reviewed the performance of PoP NPLs 2018 S.r.l., a static cash securitisation of a portfolio of Italian non-performing loans (NPLs) originated by 17 Italian banks and serviced by Cerved S.p.A.

No rating action taken following Scope’s annual performance review of POP NPLs 2018 S.r.l.

Scope Ratings publishes its rating report on Pop NPLs 2018 S.r.l., a securitisation of Italian non-performing loans originated by 17 Italian banks.

Scope Ratings has today assigned final ratings to the notes issued by Pop NPLs 2018 S.r.l., a static cash securitisation of a EUR 1,578m multi-originator portfolio of Italian non-performing loans.