RBS debuts legacy loan deal

RBS debuts legacy loan deal

Category: CMBS NPLs

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Further details have emerged on Isobel Finance No.1, the £463.22m CMBS that RBS preplaced last week. The transaction represents the first use of CMBS technology in Europe post-financial crisis to partially fund the purchase of legacy commercial real estate loans from a bank balance sheet.

The deal securitises a £553.3m

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