Notice about undertaking the credit servicing of Mexico Finance DAC
We hereby inform you that doValue Greece Loan and Credit Claim Management Company SA has undertaken the credit servicing of the debt assigned by Eurobank SA to special purpose vehicle Mexico Finance Designated Activity Company, in the context of securitisation.
Specifically, in accordance with the provisions of Articles 10 and 14(13) of Law 3156/2003 on “Bond loans, securitisation of claims and claims from real estate and other provisions”, on 25 May 2021 (hereinafter “Transfer Date”), Eurobank SA (hereinafter “Eurobank”), due to securitisation, transferred all its claims from all types of loans and/or debt (hereinafter “Securitisation”) to the Special Purpose Vehicle with the corporate name Mexico Finance Designated Activity Company, registered in the Republic of Ireland (3 George’s Dock, 4h floor, IFSC, Dublin 1, Ireland), with company registration number 675767 (hereinafter “SPV”). A summary of the relevant transfer agreement has been registered in the Public Register of Article 3 of Law 2844/2000 of the Athens Pledge Registry under agreement publication document registration act no. 179/25.05.2021 of Article 10(8) of Law 3156/2003 (Volume 12, No. 38). As a result of the above, as of the Transfer Date, the SPV became the beneficiary of all claims stemming from the Agreement (including spillover claims, such as any collateral) and shall exercise all relevant rights henceforth.
Along with acquiring the aforementioned claims, the SPV assigned their credit servicing to doValue Greece Loan and Credit Claim Management Company SA (hereinafter the “Servicer”). A summary of the relevant servicing agreement was registered in the Public Register of Article 3 of Law 2844/2000 of the Athens Pledge Registry under business credit servicing agreement publication document registration act no. 180/25.05.2021 of Article 10(14 & 16) of Law 3156/2003 (Volume 12, No. 170) on the Transfer Date.
As a result of the Securitisation, the personal data of natural persons linked to the claims under any capacity (for example: borrowers, guarantors, third-party collateral offerers, special or universal successors of the above, legal entity partners or their legal representatives, shareholders and true beneficiaries that are legal persons or entities, proxies, representatives, employees/associates, family members, lawyers or proxies of the above, notaries, bailiffs, as well as people against whom the SPV is entitled to collect the claims, e.g. third parties against whom seizure or the right of offset may be imposed) were transferred from Eurobank to the Servicer, by order and on behalf of the SPV, so that it may process them exclusively for the purpose of credit servicing.
As of the Transfer Date, and for as long as the beneficiary of the claims is the SPV, the Servicer shall process the personal data of the Data Subjects, acting as an independent data controller, specifying independently from the SPV the purposes for and means of personal data processing. All relevant information on the processing of personal data by the Servicer (personal data categories, sources, purpose and legal basis for processing, rights for the protection of personal data, recipient categories, period kept, etc.) is described in the document entitled “Information on the Processing of personal data pursuant to Regulation (EU) 2016/679 and the relevant Greek legislation” of the Servicer, which is available on the Servicer’s website.
To the extent that the SPV proceeds with personal data processing, all relevant information (personal data categories, sources, purpose and legal basis for processing, rights for the protection of personal data, recipient categories, period kept, etc.) is described in the document entitled “Mexico Finance Designated Activity Company – Privacy Policy”, which is permanently posted on the Servicer’s website.
For any other questions regarding the transfer of claims to the SPV, as well as their credit servicing in general, you may contact doValue Greece Loan and Credit Claim Management Company SA: by phone on the special Customer Service hotline +30 210 4847500 (choose 6 and then 4) and via email to [email protected].