This website is using cookies
This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.

FTPYME Santander 15 F.T.A.: 05 December 2019

A securitisation backed by credit rights deriving from loans granted to small and medium-sized businesses and self-employed individuals resident in Spain by Banco Santander.

The preliminary portfolio (as at 14 November 2019) consists of 32,102 loans advanced to 28,561 obligor groups. Loan status (by current balances): standard loans – 70.3%, credit lines – 29.7%. Reference rate type: floating – 55.2%, fixed – 44.8%. The assets were originated mainly between 2014 and 2019 and the overall WA seasoning is 2.8 years. Industry distribution: Beverage, Food & Tobacco - 23.1%. Regional distribution: Catalonia – 17.6% and Madrid – 15.9%.

The transaction features a 2-year revolving period.