BBVA Consumer Auto 2020-1 Fondo de Titulizacion Spanish Auto ABS Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research

BBVA Consumer Auto 2020-1 Fondo de Titulizacion Spanish Auto ABS Notes Assigned Preliminary Ratings

BBVA Consumer Auto 2020-1 Fondo de Titulizacion Spanish Auto ABS Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research
BBVA Consumer Auto 2020-1 Fondo de Titulizacion Spanish Auto ABS Notes Assigned Preliminary Ratings
Published Jun 08, 2020
4 pages (1956 words) — Published Jun 08, 2020
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We have assigned our preliminary ratings to BBVA Consumer Auto 2020-1 Fondo de Titulizacion's class A, B (Dfrd), C (Dfrd), D (Dfrd), and E (Dfrd) notes. BBVA Consumer Auto 2020-1 will securitize a portfolio of Spanish auto loans that BBVA originated. MADRID (S&P Global Ratings) June 8, 2020--S&P Global Ratings today assigned its preliminary credit ratings to BBVA Consumer Auto 2020-1 Fondo de Titulizacion's (BBVA 2020-1) class A, B (Dfrd), C (Dfrd), D (Dfrd), and E (Dfrd) notes. At closing, BBVA 2020-1 will also issue unrated class F (Dfrd) and Z notes (see list above). The transaction will securitize a portfolio of Spanish auto loans that Banco Bilbao Vizcaya Argentaria S.A. (BBVA) originated. The issuer will use the class A

  
Brief Excerpt:

...- We have assigned our preliminary ratings to BBVA Consumer Auto 2020-1 Fondo de Titulizacion's class A, B (Dfrd), C (Dfrd), D (Dfrd), and E (Dfrd) notes. - BBVA Consumer Auto 2020-1 will securitize a portfolio of Spanish auto loans that BBVA originated. MADRID (S&P Global Ratings) June 8, 2020--S&P Global Ratings today assigned its preliminary credit ratings to BBVA Consumer Auto 2020-1 Fondo de Titulizacion's (BBVA 2020-1) class A, B (Dfrd), C (Dfrd), D (Dfrd), and E (Dfrd) notes. At closing, BBVA 2020-1 will also issue unrated class F (Dfrd) and Z notes (see list above). The transaction will securitize a portfolio of Spanish auto loans that Banco Bilbao Vizcaya Argentaria S.A. (BBVA) originated. The issuer will use the class A to F (Dfrd) notes' issuance...

  
Report Type:

Ratings Action

Issuer
BBVA Consumer Auto 2020-1 Fondo de Titulizacion
Sector
Structured Finance
Country
Spain
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "BBVA Consumer Auto 2020-1 Fondo de Titulizacion Spanish Auto ABS Notes Assigned Preliminary Ratings" Jun 08, 2020. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BBVA-Consumer-Auto-2020-1-Fondo-de-Titulizacion-Spanish-Auto-ABS-Notes-Assigned-Preliminary-Ratings-2456576>
  
APA:
S&P Global Ratings’ Credit Research. (). BBVA Consumer Auto 2020-1 Fondo de Titulizacion Spanish Auto ABS Notes Assigned Preliminary Ratings Jun 08, 2020. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BBVA-Consumer-Auto-2020-1-Fondo-de-Titulizacion-Spanish-Auto-ABS-Notes-Assigned-Preliminary-Ratings-2456576>
  
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