Scope downgrades the class A note issued by Leviticus S.r.l., a static cash securitisation of a portfolio of Italian non-performing loans originated by Banco BPM S.p.A.

Scope downgrades the class A note issued by Leviticus S.r.l., a static cash securitisation of a portfolio of Italian non-performing loans originated by Banco BPM S.p.A.

Scope Ratings GmbH (Scope) downgrades the Class A notes issued by Leviticus SPV S.r.l., a static cash securitisation of Italian non-performing loan receivables, following a monitoring review and the correction of a calculation error.

No action has been taken on the class A notes issued by Leviticus SPV S.r.l. following a monitoring review.

Scope has reviewed the performance of Leviticus SPV S.r.l., a static cash securitisation of a portfolio of Italian non-performing loans.

Scope Ratings announces that the introduction of a ReoCo, if implemented based on the draft documentation made available to Scope, would not, in and of itself, result in a reduction or withdrawal of the current ratings of the Class A notes.

No rating action taken following Scope’s annual performance review of Leviticus SPV S.r.l.

Final ratings have been assigned to the notes issued by Leviticus SPV S.r.l., a static cash securitisation of a EUR 7,385m portfolio of Italian non-performing loans managed by Credito Fondiario S.p.A.