Strong Take-Up On NIBC Dutch RMBS Tender

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Strong Take-Up On NIBC Dutch RMBS Tender

NIBC Bank now owns all class B, C, D, E and F subordinated and mezzanine notes in its Dutch residential mortgage securitization SOUND I, and 99.42% of the class S notes, in a buyback that totalled EUR48.8 million ($63.2 million).

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