ABN Prices First Uropa Deal

19 Jul 2007

ABN AMRO has priced the first deal in its Uropa Securities series, a £615 million ($1.26 billion) securitization of 4,800 U.K. non-conforming residential mortgages.

-- Leo Shvartsman

ABN AMRO has priced the first deal in its Uropa Securities series, a £615 million ($1.26 billion) securitization of 4,800 U.K. non-conforming residential mortgages. Fixed-rate loans made up 83.37% of the preliminary portfolio of Uropa 2007-01B, according to Fitch Ratings.

The portfolio has a weighted average ...

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