Mars gets Irish NPL securitization away, despite thin mezz cover
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Mars gets Irish NPL securitization away, despite thin mezz cover

Bill Thornhill
November 23, 2017 05:15 PM
Ireland NPL flag Fotolia

Mars Capital managed to price Grand Canal Securities 2, a securitization of Irish NPLs, at relatively tight levels even though the subscription ratio was relatively thin on mezzanine notes.

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IrelandMorgan StanleyRMBSSecuritizationEuropeEMEA
BT
Bill Thornhill
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