Goldman sells RMBS mezz in reverse Dutch auction

Goldman sells RMBS mezz in reverse Dutch auction

Tom Brown

December 03, 2019 04:45 PM

Goldman_PAimages_230x150_03Dec19 — The Goldman Sachs brokerage firm world headquarters at 85 Broad Street in New York on Friday, September 25, 2009. The former Goldman Sachs headquarters at 85 Broad Street is reported to be close to being sold to Ivanhoe Cambridge, part of the Canadian pension fund Caisse de Depot et Placement du Quebec. The building is currently owned by MetLife and Beacon Capital Partners. (Photo by Richard B. Levine) *** Please Use Credit from Credit Field *** | Richard B. Levine/SIPA USA/PA Images

Goldman Sachs priced a €350m Dutch RMBS on Monday, with the senior class ‘A’ notes landing with a discount margin of 48bp over three month Euribor. Excluding the class ‘A’ notes, the capital stack was sold using a reverse Dutch auction.

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Topics

BNP Paribas RMBS The Netherlands Natixis Securitization Europe EMEA Goldman Sachs ING

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Tom Brown