The assets backing the rated bond comprise of OTP Bank shares, Hungarian government bonds and cash; the Hungarian Development Bank guarantees 80% of the outstanding bond notional.

The assets backing the rated bond comprise of OTP Bank shares, Hungarian government bonds and cash; the Hungarian Development Bank guarantees 80% of the outstanding bond notional.

This publication does not constitute a rating action.

This publication does not constitute a rating action.

This publication does not constitute a rating action.

The underlying portfolio of secured and unsecured NPL loans was sold by various Italian banks and is serviced by Guber Banca S.p.A. as special servicer and Prelios Credit Servicing S.p.A. as master servicer.

The underlying portfolio of secured and unsecured NPL loans was sold by illimity Bank S.p.A., and is serviced by Cerved Credit Management S.p.A.

This publication does not constitute a rating action.

The EUR 606.4m underlying portfolio of SME loan receivables was originated to SME borrowers operating pharmacies by Banca Credifarma S.p.A.

This publication does not constitute a rating action.