An unknown buyer acquired SUMMER from Banco di Sardegna S.p.A. and BPER Banca S.p.A. (BIT:BPE) for €96.4 million on December 30, 2020. Under the terms, buyer will be pay a senior tranche of €85.4 million, a mezzanine tranche of €10 million and a junior tranche of €1 million. JP Morgan acted as Arranger, while Fire S.p.A. has been
appointed Special Servicer and Banca Finint took on the role of Master Servicer. Orrick, Herrington & Sutcliffe acted as legal advisor for the Arranger. Cappelli RCCD acted as legal advisor for the Originators.

An unknown buyer completed the acquisition of SUMMER from Banco di Sardegna S.p.A. and BPER Banca S.p.A. (BIT:BPE) on December 30, 2020.