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Finance Ireland adds arrears buffer to third RMBS

Dublin_AdobeStock_575375_27Jan21
By Tom Brown
09 Jun 2021

On Wednesday, non-bank lender Finance Ireland mandated Bank of America as an arranger, alongside =leads BNP Paribas, Citi and Standard Chartered, on a €298.85m RMBS transaction, Finance Ireland RMBS No 3. The deal includes a new structural feature to mitigate future arrears.

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By Tom Brown
09 Jun 2021