Issuer

Abanca Corporación Bancaria S.A. Covered Bonds (Cédulas Hipotecárias - Mortgages)

Covered Bonds

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Summary

Abanca Corporación Bancaria (Abanca) CH are issued under Spanish Mortgage Law. As of 30 September 2014, the volume of outstanding Abanca's CH is EUR6.7bln. In case of issuer default, the CH do not accelerate and the entire mortgage book of the bank, except for those loans backing securitisations or bonos hipotecarios, is available to repay principal and interest on the Covered Bonds.

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Abanca Corporación Bancaria S.A. Covered Bonds (Cédulas Hipotecárias - Mortgages)

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