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DOMOS 2017: 16 March 2017


DOMOS 2017 is a French securitisation fund jointly established by France Titrisation and BNP Paribas, where the purpose of the Issuer is to (a) be exposed to credit risks by acquiring Housing Loans originated by BNP Paribas Personal Finance (the Seller) and (b) finance in full such credit risks by issuing the Notes and the Units.

The proceeds of the issue of the Notes and the Units will be applied by the Management Company to purchase an initial portfolio of fixed rate and variable rate residential housing loans. The proceeds of the Housing Loans have been applied by the borrowers to finance the purchase of properties located in France. The Housing Loans are mainly secured by lenders’ legal privileges (privilèges de prêteur de deniers) or contractual mortgages (hypothèques conventionnelles) and/or joint guarantees (cautionnements mutuels) granted by civil servants’ mutual entities (sociétés mutuelles de la fonction publique) or French insurance companies.

CRR 405: The Seller has undertaken, for so long as any of the Class A Notes are outstanding, to retain, on an ongoing basis, a material net economic interest not less than 5%)in the securitisation transaction described in the Prospectus as contemplated by Article 405 paragraph (1) of the Regulation (EU) n° 575/2013 of the European Parliament.