NEW SECURITISATION FUND BBVA RMBS 23 FT

Third securitisation fund originated by BBVA so far this year

FUND BBVA CONSUMER 2024-1 FT

BBVA inaugurates the Spanish securitisation market 2024 by placing its fourteenth consumer loans securitisation fund.

FUND RURAL HIPOTECARIO XX FT

Caja Rural Group incorporates its new RMBS and becomes the first Spanish multi-cedent securitisation fund to achieve STS label

SECURITISATION FUND BBVA CONSUMO 13 FT

BBVA incorporates its thirteen securitisation fund for consumer loans

OUR MISSION

EdT’s mission is to be the best provider of securitization services,
focused on supporting our clients in financing people’s projects.

WHO WE ARE

EUROPEA DE TITULIZACIÓN, S.A., S.G.F.T.

Europea de Titulización is a Company incorporated in Spain, acting under the supervision of the Spanish Securities Market Commission (CNMV) which business purpose is to constitute, manage and legally represent the asset securitisation funds, mortgage securitisation funds and bank asset funds (FABs) as stated in Law 9/2012, 14 November, on restructuring and resolution of credit entities.

With its registered office in Madrid, sited on 68 Jorge Juan Street, is entitled to constitute, manage and legally represent funds or special purpose vehicles, similar to the securitisation funds, incorporated abroad.

Europea de Titulización, thanks to a highly qualified team, has maintained as a main drivers of its business activities the thoroughness and customer commitment in such a complex and sophisticated industry as the Securitisation business.

IMPORTANT EVENTS

1993-1999

INCORPORATION

Europea de Titulización se constituyó como Sociedad Gestora de Fondos de Titulización Hipotecaria el 19 de enero de 1993, transformándose en Sociedad Gestora de Fondos de Titulización el 25 de octubre de 1999.

JUNE 27th 2000

BBV TITULIZACIÓN – MERGER

La fusión de BBV y Argentaria el 19 de octubre de 1999 dio lugar, un año más tarde, a la integración de las gestoras BBV Titulización y Europea de Titulización, pasando EdT a gestionar la totalidad de los fondos.

JANUARY 14th 2017

ACQUISITION OF FUNDS FROM GAT

Como consecuencia de la adquisición por parte de BBVA de Catalunya Caixa S.A., Europea de Titulización pasa a gestionar los Fondos de Titulización de Gestión de Activos Titulizados (GAT) por un importe vivo en saldo de bonos superior a €2,2bn.

OUR ACHIEVEMENTS

RURAL HIPOTECARIO XI FTA MULTI-SELLER

Record of sellers in Spain

The 11th Credit Co-operative Entities RMBS, a €2,2bn Fund incorporated on 2 February 2009, still remains as the SPV with the largest number of sellers constituted in Spain (30 Credit Co-operative Entities).

BBVA CONSUMO 10 FT

First STS fund in Spain

This FT has achieved a milestone in the Spanish market due to the fact that it is the first Simple, Transparent and Standardized securitization issuance, being a reference to prospect issuances in the national market.

SABADELL
CONSUMO 1 FT

First SRT and STS Fund in Spain

The deal, which combines several milestones as being the first Consumer Loans’ Securitisation of Banco Sabadell or the first SRT and STS Fund, also has an innovate structure selling the excess spread.

BBVA RMBS
21 FT

Record volume issued by BBVA

The mortgage-backed loans securitisation fund BBVA RMBS 21 FT has set a milestone in terms of the volume issued by a securitisation fund sponsored by BBVA, €12.4bn, through the issuance of two tranches of Notes.

RURAL HIPOTECARIO XX FT

First multi-originator STS fund in Spain

The Fund marks a milestone in the Spanish securitisation market by becoming the first securitisation fund with a multi-cedent structure to achieve Standardised, Simple and Transparent (STS) label.

EUR 1,803,037.50 represented by 2,500 registered shares, all in the same class and having identical political and economic rights, and divided into two Series:

– Series A made up of 1,250 shares with a nominal value of 276.17 euros each.

– Series B consisting of 1,250 shares with a nominal value of 1,166.26 euros each.

Equity

EUR 19,588,603.04 as of 12.31.2022

Capital: EUR 1,803,037.50

Legal Reserve: EUR 360,607.50

Voluntary Reserve: EUR 17,424,958.04

SHAREHOLDERS

Shareholder	% Holding
Banco Bilbao Vizcaya Argentaria, S.A.	88.24 %
JPMC Strategic Investments I Corporation	4.00 %
Banco de Sabadell, S.A.	3.07 %
Bankinter, S.A.	1.56 %
Banco Cooperativo Español, S.A.	0.81 %
Banco Santander, S.A.	0.78 %
CaixaBank, S.A.	0.77 %
BNP Paribas España, S.A.	0.77 %

For the purposes of article 42 of the Commercial Code, EUROPEA DE TITULIZACIÓN is part of the BBVA Group.

CORPORATE BODIES

GENERAL
SHAREHOLDERS
MEETING
‎

8 shareholders

‎
BOARD OF
DIRECTORS
‎

9 directors

EXECUTIVE
COMMITTEE
OF THE BOARD
OF DIRECTORS

3 directors

Chairman
D. Roberto Vicario Montoya	Proprietary Directors for BBVA and member of the Board of Directors' Executive Committee
Directors
D. Francisco Javier Eiriz Aguilera	Managing Director and member of the Board of Directors' Executive Committee
D. Xavier Pinzolas Germán	Proprietary Directors for BBVA and member of the Board of Directors' Executive Committee
D. Arturo Miranda Martín	On behalf of Aldermanbury Investments Limited
D. Fernando Durante Pujante	On behalf of Bankinter, S.A.
Dª. Pilar Villaseca Pérez	On behalf of Banco Cooperativo Español, S.A.
D. Marc Hernández Sanz	On behalf of Banco de Sabadell, S.A.
Dª. María Reyes Bover Rodríguez	Proprietary Directors for BBVA
D. Ricardo Gutiérrez Jones	Proprietary Directors for BBVA
Non-Director Secretary
D. Juan Álvarez Rodríguez

OUR MISSION

WHO WE ARE

EUROPEA DE TITULIZACIÓN, S.A., S.G.F.T.

IMPORTANT EVENTS

1993-1999

INCORPORATION

JUNE 27th 2000

BBV TITULIZACIÓN – MERGER

JANUARY 14th 2017

ACQUISITION OF FUNDS FROM GAT

OUR ACHIEVEMENTS

SHARE CAPITAL

Equity

SHAREHOLDERS

CORPORATE BODIES

GENERAL SHAREHOLDERSMEETING‎

‎BOARD OFDIRECTORS‎

EXECUTIVECOMMITTEEOF THE BOARDOF DIRECTORS

GENERAL
SHAREHOLDERS
MEETING
‎

‎
BOARD OF
DIRECTORS
‎

EXECUTIVE
COMMITTEE
OF THE BOARD
OF DIRECTORS