BNP Paribas diversifies with RMBS

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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BNP Paribas diversifies with RMBS

BNP Paribas Personal Finance has launched a Dutch RMBS, Phedina 2011-1, its first public cash deal since 2008. The Eu1.5bn standalone transaction will diversify funding but pricing is unlikely to be close to where its recent covered bond deal came.

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