New Italian RMBS On The Way
Meliorbanca SpA is preparing a €325 million ($503 million) residential mortgage-backed securitization backed by a pool of prime loans originated by the bank on homes across Italy.
--Alex Sebastian
Meliorbanca SpA is preparing a €325 million ($503 million) residential mortgage-backed securitization backed by a pool of prime loans originated by the bank on homes across Italy. The deal is spread across a €292 million ($452 million) class A tranche rated AAA by Standard & Poor’s, a ...Already a subscriber? Login