Structured Finance RMBS
Outlook: No Trend
Action date: 12/17/2019
Rating action: Affirmed

BBVA RMBS 17 FT

Series A Notes have been issued by BBVA RMBS 17 FT, a static securitisatio fund established on 21 November 2016. The Series A notes, together with the Loan B granted by BBVA were used to finance the acquisition of a portfolio comprising mortgage loans backed by first-lien residential properties located in Spain, originated by BBVA. Additionally, BBVA granted a subordinated loan with the aim to finance the Reserve Fund. Europea de Titulización, S.A., SGFT acts as trustee. BBVA is the servicer of the mortgage loans.

Rating

ISIN: ES0305217004
Solicited
Date last rating: 12/17/2019
Date first rating: 11/24/2016