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Scope publishes the rating report for Summer SPV S.r.l. - Italian NPL ABS
Scope Ratings publishes its rating report on Summer SPV S.r.l., a securitisation of a EUR 322m portfolio of Italian non-performing loans (NPLs) originated by BPER Banca S.p.A and Banco di Sardegna S.p.A.
Summer SPV S.r.l. is a static cash securitisation transaction of an Italian NPL portfolio worth around EUR 322m by gross book value originated by BPER Banca S.p.A and Banco di Sardegna 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.