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| Name: | GC SABADELL EMPRESAS 2, FONDO DE TITULIZACIÓN DE ACTIVOS |
|---|---|
| VAT Registration No: | V-64829492 |
| Issue amount: | € 1,000,000,000 |
| Set-up date: | 19 March 2008 |
| Disbursement date: | 27 March 2008 |
| Payment dates: | 17 March, 17 June, 17 September and 17 December |
| Legal Final Maturity Date: | 4 March 2031 |
| Legal framework: | The Royal Decree 926/1998 and Law 19/1992 |
| Series | Initial amount | Current rating | Interest rate | ISIN Code |
|---|---|---|---|---|
| SERIE A1 | € 200,000,000 | AAA(sf) (S&P) | Euribor 3M + 0.35% |
ES0316875006 |
| SERIE A2 | € 747,500,000 | A-(sf) (S&P) A(high)(sf) (DBRS) |
Euribor 3M + 0.55% |
ES0316875014 |
| SERIE B | € 40,000,000 | B(sf) (S&P) | Euribor 3M + 1.25% |
ES0316875022 |
| SERIE C | € 12,500,000 | CCC-(sf) (S&P) | Euribor 3M + 1.75% |
ES0316875030 |
| Unitary face value: | € 100,000 |
|---|---|
| Amortization: | The A1 Series "soft bullet" Series A2, B and C, according to amortization of the Leasings (“pass through”) |
| Subordination: | The B Series is subordinated respect to series A1 and A2 The C Series is subordinated respect the remaining Series |
This document is an English-language version of a Spanish Prospectus. No document other than the Spanish Prospectus, which has been verified by the Comisión Nacional del Mercado de Valores, may be considered as having any legal effect whatsoever in respect to the Bonds.
- REPORTS:
- RATING ACTIONS:
| Class A2 (ISIN ES0316875014) |
upgraded from ‘AAA(sf)’ to ‘A(sf)’ S&P | July 2011 |
|---|---|---|
| Class B (ISIN ES0316875022) |
upgraded from ‘A(sf)’ to ‘BBB-(sf)’ S&P | July 2011 |
| Class C (ISIN ES0316875030) |
upgraded from ‘BBB-(sf)’ to ‘CCC(sf)’ S&P | July 2011 |
| Class B (ISIN ES0316875022) |
Dowgraded from ‘BBB-(sf)’ to B(sf) (S&P) | December 2011 |
| Class C (ISIN ES0316875030) |
Dowgraded from ‘CCC(sf)’ to CCC-(sf) (S&P) | December 2011 |
| Class A2 (ISIN ES0316875014) |
Downgraded from ‘A(sf)’ to ‘A-(sf)’ S&P |
February 2012 |
| Class A2 (ISIN ES0316875014) |
Downgraded from ‘AA(sf)’ to A(high)(sf)’ DBRS | March 2012 |