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Rochester up for refi at second opportunity

rochester adobe 575
By Owen Sanderson
02 Jun 2021

Rochester No. 2, a legacy non-conforming RMBS, will be refinanced in a new transaction, leading to the redemption of the notes — three months later than expected. However, two Irish deals where Pimco also held the call rights are still outstanding, with no redemption notice yet served.

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By Owen Sanderson
02 Jun 2021