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20/12/2019 - Scope Ratings GmbH
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Scope publishes its rating report on Iseo SPV S.r.l. - Italian NPL ABS
Scope Ratings publishes its rating report on Iseo SPV S.r.l., a securitisation of a EUR 857.6m portfolio of Italian non-performing loans (NPLs) originated by UBI Banca S.p.A.
Iseo SPV S.r.l. is a static cash securitisation transaction of an Italian NPL portfolio worth around EUR 857.6m by gross book value “GBV” (as total gross claim amount) originated by UBI Banca S.p.A.
The report contains Scope's credit analysis regarding the rating assigned to the class A notes.
Click here to access the full rating report.