Abanca RMBS 2025: 22 March 2025

Essentially a re-financing of the residual pool balances of mortgages that were previously securitised in HT Abanca I, HT Abanca II and IM BCG RMBS 2 (prospectuses available on www.euroabs.com).

The Class A Notes now benefit from substantial credit enhancement and liquidity protection, with the transaction operating a combined priority of payments with a dynamic reserve fund. Additionally, the Seller has the option to repurchase defaulted loans.

Compare/contrast: HT Abanca RMBS 1