A: First Pay: 2021-08-23; Registration: Reg S Only;
B: First Pay: 2021-08-23; Registration: Reg S Only;
Originator(s)
BMW, BMW Bank GmbH
Risk Retention
BMW Bank will retain on an ongoing basis a material net economic interest in the securitisation of not less than 5%, in accordance with article 6 of the REGULATION (EU) 2017/2402 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 12 December 2017 via retention of the Class B Notes and the Subordinated Loan