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28/12/2018 - Scope Ratings GmbH
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Scope publishes the rating report for BCC NPLs 2018-2 S.r.l. - Italian NPL ABS
Scope Ratings publishes the rating report for BCC NPLs 2018-2 S.r.l., a securitisation of Italian non-performing loans originated by 73 Italian banks.
BCC NPLs 2018-2 S.r.l. is a cash securitisation of a static Italian non-performing loan (NPL) multi-originator portfolio of EUR 2,004m by gross book value. The portfolio was originated by 73 Italian cooperative banks. The report contains Scope's credit analysis regarding the rating assigned to the class A, class B notes.