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Sabadell Consumo 1: 01 October 2019

The receivables in the pool shall exclusively consist of consumer loans owned by Banco Sabadell and granted to individuals resident in Spain.

As at the cut-off date (26 August 2019) the pool consisted of 172,748 loans advanced to 158,426 obligors, where the average principal balance is Eur6,969. Loan purpose (by current balances): living expenses – 48%, acquisition of services – 22%, new vehicles – 20%, acquisition of goods – 5%, other – 5%. Repayment method: French amortization system – 100.0%. Obligor concentration: Top 10 – 0.0799% of current balances. WA seasoning – 1.78 years. Regional concentration: Catalonia – 36.94%, Valencia – 20.29%, Madrid – 7.81% and Murcia – 7.73%.

EU Risk Retention: The originator will retain on an ongoing basis a material net economic interest of not less than 5% in the securitisation. As at the closing date, this will comprise of randomly selected exposures equivalent to no less than 5% of the nominal value of the securitised exposures.

STS: The originator will submit a STS notification to ESMA in accordance with Article 27 of the Securitisation Regulation.