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Chinatrust closes first Taiwanese RMBS via Lehman

Chinatrust Commercial Bank, the largest private lender in Taiwan, completed on Tuesday the country's first public RMBS with a NT$5 billion (US$147 million) offering. Lehman Brothers acted as arranger and co-lead managing underwriter, with Fubon Securities, Grand Cathay Securities and Yuanta Core Pacific Securities making up the local syndicate.

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