Springleaf Preps For $787 Mln MBS Deal

17 Oct 2012

Subprime lender Springleaf Financial is said to be preparing a $787 million residential mortgage-backed securities deal, with some $538.5 million of the debt rated AAA.

Subprime lender Springleaf Financial is said to be preparing a $787 million residential mortgage-backed securities deal, with some $538.5 million of the debt rated AAA. Sources said Springleaf is planning not to offer some notes in the securitization.

Click here to read the story from Bloomberg.

...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial