Rating Report

CaixaBank PYMES 12, FT: Rating Report

Structured Credit

Summary

On 18 November 2020, DBRS Ratings GmbH (DBRS Morningstar) finalised its provisional ratings on the Series A and Series B notes issued by CaixaBank PYMES 12, FT, a cash flow securitisation collateralised by a portfolio of secured and unsecured loans originated by CaixaBank, S.A. to corporations, small and medium-size enterprises, and self-employed individuals based in Spain. For insight beyond the ratings, see the rating report.

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