NIBC praised for Sound as ‘A’ holders hang on to notes
All the class ‘A’ noteholders in NIBC’s Sound 1 RMBS have opted to hold on to their bonds, the bank said on Tuesday, in announcing the results of its tender offer. Analysts praised the bank for the way it carried out the exercise.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast