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Scope publishes its rating report on Juno 2 S.r.l. - Italian NPL ABS
Scope Ratings publishes its rating report on Juno 2 S.r.l., a static cash securitisation of a EUR 968m portfolio of Italian secured and unsecured non-performing loans originated by Banca Nazionale del Lavoro S.p.A.
Juno 2 S.r.l. is a cash securitisation backed by a static portfolio of Italian secured and unsecured non-performing loans worth EUR 968m by gross book value, originated by Banca Nazionale del Lavoro S.p.A. The report contains Scope's credit analysis regarding the ratings assigned to the class A notes.