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      Instrument data
      Issuer
      Senority
      Senior
      Currency
      EUR
      ISIN
      IT0005432049
      Coupon percent
      0.5%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      90,500,000
      Maturity date
      31/01/2041
      -
      BBB SF Outlook: None
      BBB SF Outlook: None
      Latest change
      Upgrade
      06/11/2023
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Stefano Bracchi Lead analyst
      David Bergman Committee chair
      Scope upgrades Class A notes issued by Titan SPV S.r.l.  Italian NPL ABS

      6/11/2023 Rating announcement EN

      Scope upgrades Class A notes issued by Titan SPV S.r.l. Italian NPL ABS

      Scope upgrades the class A note issued by Titan SPV S.r.l., a static cash securitisation of a portfolio of Italian non-performing leases.

      Scope downgrades class A note issued by Titan SPV S.r.l. - Italian NPL ABS

      23/6/2023 Rating announcement EN

      Scope downgrades class A note issued by Titan SPV S.r.l. - Italian NPL ABS

      Scope downgrades the class A note issued by Titan SPV S.r.l., a static cash securitisation of a portfolio of Italian non-performing lease, following a performance review.

      Scope has completed a monitoring review on 7 Italian NPL transactions

      27/7/2022 Monitoring note EN

      Scope has completed a monitoring review on 7 Italian NPL transactions

      No action has been taken on the notes of 7 Italian NPL transactions following their monitoring review.

      Scope has completed a monitoring review of Titan SPV S.r.l. – Italian NPL ABS

      17/12/2021 Monitoring note EN

      Scope has completed a monitoring review of Titan SPV S.r.l. – Italian NPL ABS

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

      No rating impact on Titan SPV S.r.l. after extension of the transfer date for some assets

      2/7/2021 Monitoring note EN

      No rating impact on Titan SPV S.r.l. after extension of the transfer date for some assets

      Scope Ratings announces that the extension of the transfer date for some of the non-immediately disposable leased assets will not, in and of itself, result in a rating action or withdrawal of the current rating of the Class A notes.

      Scope publishes the rating report for Titan SPV S.r.l. - Italian NPL ABS

      21/1/2021 Monitoring note EN

      Scope publishes the rating report for Titan SPV S.r.l. - Italian NPL ABS

      Scope Ratings publishes its rating report on Titan SPV S.r.l., a cash securitisation of a EUR 335m portfolio of Italian non-performing leases originated by Alba Leasing S.p.A., Banco BPM S.p.A. and Release S.p.A.

      Scope assigns BBB(SF) to the class A notes issued by Titan SPV S.r.l. – Italian NPL  ABS

      28/12/2020 Rating announcement EN

      Scope assigns BBB(SF) to the class A notes issued by Titan SPV S.r.l. – Italian NPL ABS

      Scope Ratings has today assigned final ratings to the notes issued by Titan SPV S.r.l., a cash securitisation of a EUR 335m portfolio of Italian non-performing leases originated by Alba Leasing S.p.A. , Banco BPM S.p.A. and Release S.p.A..

      Date Title
      21/01/2021 Rating Report, January 2021