S&P Global Ratings has assigned ratings to Jubilee Place 2020-1 B.V.'s (Jubilee Place 2020-1's) class A notes and class B-Dfrd to X-Dfrd interest deferrable notes. Jubilee Place 2020-1 is a static RMBS transaction that securitizes a portfolio comprising €208.97 million of buy-to-let (BTL) mortgage loans secured on properties located in the Netherlands.