Sabadell Consumer Finance Autos 2, FT: 13 September 2025

A securitisation of Spanish auto loans from originator Sabadell Consumer.

The portfolio consists of 61,452 auto loans, where the average current balance is Eur 12,674 and the largest is Eur53,206. Client type: individual – 99.99%, company – 0.01%. Vehicle type: used – 85.96%, new – 14.04%. Borrower Concentration: top 1 – 0.01%, top 10 – 0.06%. The WA seasoning is 19 months. Regional concentration: Andalucia – 23.97%, Cataluña – 15.02%, Valencia – 13.25% and Galicia – 9.50%.

EU Risk Retention: Sabadell Consumer, as Originator, will undertake to retain, on an ongoing basis, a material net economic interest of at least 5% in the securitisation transaction in accordance with Article 6(3)(c) of the EU Securitisation Regulation.

STS: The transaction is intended to qualify as a simple, transparent and standardised securitisation (STS securitisation) within the meaning of Article 18 of the EU Securitisation Regulation.

Compare/contrast: Sabadell Consumer Finance Autos 1 FT