BPL Mortgages 2014 S.r.l. (2nd TAP 2018): 15 April 2018

On 30 June 2014 (the Initial Issue Date), BPL Mortgages S.r.l. issued € 1,077,400,000 Class A - 2014 Asset Backed Floating Rate Notes due November 2054 (Series A1 Notes) , €269,300,000 Class B - 2014 Asset Backed Floating Rate Notes due November 2054 and € 448,898,000 Class C – 2014 Asset Backed Notes due November 2054.

Subsequently, on 26 February 2016 (the 1st tap) the Issuer issued € 1,936,000,000.00 Class A – 2016 Asset Backed Floating Rate Notes due November 2054 (the Series A2 Notes), € 1,000,000.00 Class B – 2016 Asset Backed Floating Rate Notes due November 2054 (the Series B2 Notes) and € 448,072,000 Class C – 2016 Asset Backed Notes due November 2054 (the Series C2 Notes).

On 12 April 2018 (the 2nd tap), the principal amount of the Series A1 Notes has been increased by €2,840,786,781.85 Asset Backed Floating Rate Notes due November 2054, the principal amount of the Series 1 B Notes has been increased by €56,400,000 Asset Backed Floating Rate Notes due November 2054 and the principal amount of the Series 1C Notes has been increased by € 288,505,000 Asset Backed Notes due November 2054.