SBAB co-operative deal prices at record levels as Swedish MBS diversity appeals

26 Jun 2003

The Swedish National Housing Finance Corp (SBAB) returned to the ABS market with a different  asset -  loans to Swedish housing co-operatives.

Lead managed by Citigroup, the Eu1bn SRM Investment 3 Ltd won firm investor approval and closed oversubscribed at one of the tightest levels for European RMBS this year.

It is the third ...

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