Sabadell Consumo 3: 01 October 2024

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 (24 June 2024) the pool consisted of 117,627 loans advanced to 105,610 obligors, where the average principal balance is Eur9,338. Loan purpose (by current balances): living expenses – 45.79%, vehicles – 19.35%, appliances/furniture – 15.33%. Repayment method: French amortisation system – 100.0%. Obligor concentration: Top 10 – 0.07% of current balances. WA seasoning – 10.58 mnths. Regional concentration: Catalonia – 33.79%, Valencia – 22.41%, Madrid – 8.61% and Murcia – 8.26%.

EU & UK 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.