Quantcast

ABN closes first ARM securitization

ABN Amro has closed its first-ever ARM securitization. Lehman Brothers was lead underwriter on the deal. The bank is anticipating doing another ARM transaction before the end of the year.

The $580 million offering was backed by $440 million in 5/1 ARMs and $140 million in 3/1 ARMs.

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.