Bond rating agency DBRS has assigned provisional ratings to bonds backed by €1.2 billion of consumer loans and mortgages originated by Spanish bank Caixabank.

Caixabank Consum 2 FT will issu 1.17 billion in Series A notes, with an ‘A (low)’ structured finance rating from DBRS, and €130 million in Series B notes (rated ‘BB’).

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