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A-Best 14 (Tap-2): 17 April 2018


On 16 May 2016 (the Issue Date), the Issuer issued Class A Asset-Backed Fixed Rate Notes due April 2030, Class B Asset-Backed Fixed Rate Notes due April 2030, Class C Asset-Backed Fixed Rate Notes due April 2030, Class D Asset-Backed Fixed Rate Notes due April 2030, Class M1 Asset-Backed Fixed Rate Notes due April 2030 and Class M2 Asset-Backed Fixed Rate and Variable Return Note due April 2030.

On 15 November 2016 (the First Re-tranching Date), the Issuer re-tranched the Notes as follows: (i) an additional principal amount of € 96,500,000 Class A Asset-Backed Fixed Rate Notes due April 2030 was issued, (ii) a principal amount of € 6,500,000 Class B Asset-Backed Fixed Rate Notes due April 2030 was cancelled, (iii) an additional principal amount of € 14,100,000 Class C Asset-Backed Fixed Rate Notes due April 2030 was issued, (iv) an additional principal amount of € 9,200,000 Class D Asset-Backed Fixed Rate Notes due April 2030 was issued and (v) an additional principal amount of € 35,900,000 Class M1 Asset-Backed Fixed Rate Notes due April 2030 was issued. The additional principal amount of each relevant Class of Notes (other than the Class B Notes) issued by the Issuer on the First Re-tranching Date was consolidated and forms a single Class with the principal amount of the corresponding Class of Notes issued by the Issuer on the Issue Date.

On 16 April 2018 (the Second Re-tranching Date), the Issuer re-tranched the Notes as follows: (i) an additional principal amount of € 568,800,000 Class A Asset-Backed Fixed Rate Notes due April 2030 was issued, (ii) a principal amount of € 500,000 Class B Asset-Backed Fixed Rate Notes due April 2030 was cancelled, (iii) a principal amount of € 9,300,000 Class C Asset-Backed Fixed Rate Notes due April 2030 was cancelled, (iv) an additional principal amount of € 10,000,000 Class D Asset-Backed Fixed Rate Notes due April 2030 was issued, (v) a principal amount of € 18,200,000 Class E Asset-Backed Fixed Rate Notes due April 2030 was issued and (vi) a principal amount of 23,600,000 Class M1 Asset-Backed Fixed Rate Notes due April 2030 was cancelled.