Landmark shipping SRT completed

Category: Capital Relief Trades ABS


Previous Story       Next Story

Further details have emerged of Nord LB's landmark shipping significant risk transfer trade (SCI 8 December). Dubbed Northvest 2, the financial guarantee is believed to be the largest post-crisis synthetic securitisation of shipping assets.

Nord LB's latest transaction references a €10.1bn mixed portfolio of around 4300 high quality loans, including €1bn of shipping loans.

Already registered?

Not yet registered? Join today to access SCI Content.

-