Amstelhuys confirms pricing Arena 2009-1
Delta Lloyd confirms the pricing of the Arena 2009-1 securitisation of a portfolio of Dutch residential mortgages. The Arena 2009-I Class A1 Notes have been priced at 110 basis points over one-month Euribor, and the Class A2 notes, have been priced at 140 basis points over one-month Euribor. Both tranches will be rated triple-A by S&P and Moody’s.
The bonds will be issued by a special-purpose vehicle, Arena 2009-1, and are backed by prime Dutch mortgage loans made by Amstelhuys.
Amstelhuys is a 100% owned subsidiary of Delta Lloyd N.V. (“Delta Lloyd Group”). This is the 10th securitisation transaction undertaken by Delta Lloyd Group under the Arena programme. Joint book runners of this transaction: Natixis, Rabobank International and Royal Bank of Scotland.
The bonds will be issued by a special-purpose vehicle, Arena 2009-1, and are backed by prime Dutch mortgage loans made by Amstelhuys.
Amstelhuys is a 100% owned subsidiary of Delta Lloyd N.V. (“Delta Lloyd Group”). This is the 10th securitisation transaction undertaken by Delta Lloyd Group under the Arena programme. Joint book runners of this transaction: Natixis, Rabobank International and Royal Bank of Scotland.
