FonCaixa PYMES 8 FdTdA : 28 November 2016

The transaction is collateralised by a portfolio of term loans and current drawdowns of a revolving mortgage credit line which have been originated by Caixabank, S.A. and advanced to small and medium-sized enterprises and self-employed individuals based in Spain.

As at the cut-off date (24 October 2016) the portfolio consists of 31,414 loans and current drawdowns advanced to 27,827 obligor groups.

CRR 405: In compliance with article 405 of (EU) 575/2013 of the European Parliament and of the council on prudential requirements for credit institutions and investment firms and amending regulation (EU) 648/2012, the Originator (Caixabank) informed the Fund Manager that it will retain, on an ongoing basis, a material net economic interest in the terms required by the regulation in the securitisation transaction.

Compare/contrast: IM FTPYME Sabadell 10, IM BCC Cajamar PYME 1