Issues

The closing portfolio

  • The Portfolio consists of over 18,000 unsecured loans to private individuals in Sweden
  • Total loan amount SEK 1,552,865,250
  • Average loan size SEK 85,400

SCL (No. 1) was called by the issuer on the first step-up and call date 15 June 2011

Securitised Notes

Notes S&P/Moody´s Initial Principal Amount Interest until the
Step-Up Date
Final Redemption Date
Class A AAA/Aaa EUR117,750,000 (70%) 1M EURIBOR+0.14% June 2025
Class B AA/Aa2 EUR13,450,000   (8%) 1M EURIBOR+0.33% June 2025
Class C A/A2 EUR5,850,000    (3.5%) 1M EURIBOR+0.58% June 2025
Class D BBB/Baa2 EUR31,100,000   (18.5%) 1M EURIBOR+0.88% June 2025
Class E BB/NR EUR7,550,000     (4.5%) 1M EURIBOR+3.00% June 2025

 

The closing portfolio

  • The Portfolio consists of nearly 10,000 unsecured loans to private individuals in Norway
  • Total loan amount NOK 1,168,000,000
  • Average loan size NOK 128,838

SCL II was called by the issuer on the first step-up and call date 15 August 2016.

Securitised notes

Notes  Fitch/S&P
Ratings
Initial Principal
Amount
% Interest until the
Step-Up Date
Final Redemption
Date
Class A  AAA(sf) NOK490,500,000 42% 1M NIBOR+3% Oct 2026
Class B AA(sf) NOK222,000,000 19% 1M NIBOR+4% Oct 2026
Class C A(sf) NOK163,500,000 14% 1M NIBOR+5% Oct 2026
Class D BBB(sf) NOK105,000,000 9% 1M NIBOR+4% Oct 2026
Class E N/A NOK187,000,000 16% 1M NIBOR+4% Oct 2026

 

The closing portfolio

  • The Portfolio consists of over 18,500 unsecured loans to private individuals in Sweden.
  • Total loan amount SEK 2,099,000,000.
  • Average loan size SEK 112,423.

SCL III was called by the issuer on the first step-up and call date 15 December 2015.

Securitised Notes

Notes Fitch/S&P
Ratings
Initial Principal
Amount
% Interest until the 
Step-Up Date
Final Redemption
Date
Class A AAAsf/AAA(sf) SEK1,080,000,000 56% 1M STIBOR+3.5% Jan 2033
Class B AAsf/AA(sf) SEK96,000,000 5% 1M STIBOR+4.9% Jan 2033
Class C Asf/A(sf) SEK193,000,000 10% 1M STIBOR+5% Jan 2033
Class D  NR/NR SEK559,000,000 29%  1M STIBOR+5% Jan 2033

 

The closing portfolio

  • The Portfolio consists of 12,196 unsecured loans to private individuals in Norway
  • Total loan amount NOK 2,119,000,000
  • Average loan size NOK 173,779

SCL IV was called by the issuer on the first step-up and call date 15 June 2017.

Securitised Notes

Notes Fitch/S&P
Ratings
Initial Principal Amount % Interest until the 
Step-Up Date
Final Redemption
Date
Class A AAAsf/AAA(sf) NOK934,500,000 44.5% 1M NIBOR+1.10% Jan 2037
Class B AAsf/AA(sf) NOK210,000,000 10.0% 1M NIBOR+1.60% Jan 2037
Class C Asf/A(sf) NOK357,000,000 17.0% 1M NIBOR+2.00% Jan 2037
Class D A-sf/BBB(sf) NOK210,000,000 10.0% 1M NIBOR+2.75% Jan 2037
Class E NR/NR NOK388,500,000 18.5% 1M NIBOR+2.75% Jan 2037

 

The Closing Portfolio

  • The Portfolio consists of 10,854 unsecured loans to private individuals in Sweden.
  • Total loan amounts SEK 1,832,000,000
  • Average loan size SEK 168,758

SCL V was called by the issuer on the first step-up and call date 15 November 2018.

 SECURITISED NOTES

Notes Fitch/DBRS Ratings Initial Principal Amount % Interest until the 
Step-Up Date
Final Redemption Date
Class A AAAsf/AAA(sf) SEK1,098,600,000 60% 1M STIBOR+1.5% Dec 2038
Class B AAsf/AA(sf) SEK274,650,000 15% 1M STIBOR+2.0% Dec 2038
Class C Asf/A(sf) SEK183,100,000 10% 1M STIBOR+2.4% Dec 2038
Class D BBB+sf/BBB(sf) SEK109,860,000 6% 1M STIBOR+2.75% Dec 2038
Class E NR/NR SEK164,790,000 9% 1M STIBOR+2.75% Dec 2038

 

The Closing Portfolio

  • The Portfolio consists of 9,450 unsecured loans to private individuals in Norway.
  • Total loan amounts NOK 2,236,000,000
  • Average loan size NOK 236,586

SCL VI was called by the issuer on the first step-up and call date 15 October 2020.

 SECURITISED NOTES

Notes Fitch/DBRS
Ratings
Initial Principal
Amount
%

Interest until the 
Step-Up Date

Final Redemption
Date
Class A AAAsf/AAA(sf) NOK1,562,000,000 71% 1M NIBOR+0.9% Dec 2040
Class B AAsf/AA(low)(sf) NOK198,000,000 9% 1M NIBOR+1.4% Dec 2040
Class C Asf/A(sf) NOK154,000,000 7% 1M NIBOR+1.8% Dec 2040
Class D BBBsf/BBB(sf) NOK132,000,000 6% 1M NIBOR+2.5% Dec 2040
Class E NR/NR NOK154,000,000 7% 1M NIBOR+2.5% Dec 2040