OREANDA-NEWS. Fitch Ratings has assigned Sinepia D.A.C. asset-backed floating-rate notes final ratings as follows:

EUR150m Class A1: 'B-sf'; Outlook Stable
EUR35m Class A2: 'B-sf'; Outlook Stable
EUR50m Class A3: 'B-sf'; Outlook Stable
EUR88.8m Class A4: 'B-sf'; Outlook Stable
EUR259.1m Class M: Not rated
EUR64.9m Class Z: Not rated

The transaction is a granular cash flow securitisation of a EUR648m static pool of fully drawn floating-rate loans to Greek SMEs, originated and serviced by National Bank of Greece S.A. (NBG).