Berica stumbles but now fully covered
The ‘A2’ tranche on Banca Popolare Vicenza’s Italian RMBS Berica 9 was only 0.7 times covered on Thursday morning, in contrast to recent multiple oversubscriptions in deals from Northern Rock, Aegon and Obvion.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast