Issuer of the month
Byzantium Finance
The first mortgage-backed transaction to be structured under new Greek securitisation law took place in late November with Byzantium Finance special-purpose vehicle’s €252.5 million mortgage-backed floating-rate notes, lead-managed by ABN Amro and National Bank of Greece.
Aspis Bank originated the receivables, which comprised a portfolio of over 8,000 prime residential mortgage loans, granted in the past 10 years. The bank is the first private Greek enterprise to enter the residential
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