BBVA-10 PYME FONDO DE TITULIZACIÓN €780 million SME securitisation

14/12/2015
Securitisation

€ 780 million

$ 858 million

Completed

14/12/2015


Overview:

  • BBVA has undertaken a securitisation of SME loans.
  • The notes were issued by BBVA-10 PYME FONDO DE TITULIZACIÓN a securitisation vehicle integrating receivables originated by BBVA and SMEs.
  • This transaction is the first securitisation transaction comprising SME receivables following the enactment of the new Spanish securitsation law.

Wai Yee Tsang - Journalist

Jurisdiction:

Spain

Deal type:

Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Industry sector:

Banking


Firm:

Party: BBVA (Originator)