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Scope publishes the rating report for BCC NPLS 2020 S.r.l. - Italian NPL ABS
Scope Ratings publishes its rating report on BCC NPLs S.r.l., a static cash securitisation of a EUR 2,347m portfolio of Italian NPLs originated by 90 different Italian banks.
The transaction is a cash securitisation of a static Italian non-performing loan multi-originator portfolio of EUR 2,347m by gross book value.
The report contains Scope's credit analysis regarding the ratings assigned to the class A and class B notes.