Obvion goes public for third storm

03 Apr 2011

Rabobank and Société Générale are marketing a new RMBS from Obvion’s Storm programme.

The new deal will be the first public Storm deal since Storm 2010-III, after Obvion privately placed Eu2bn of Storm 2010-IV and Eu1.5bn of Storm 2011-1 and -2.

The Dutch originator also found private demand for Eu1.2bn of its NHG-guaranteed Strong programme earlier this year.

The lead managers will ...

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