Caixabank €14.2 billion RMBS 1

24/2/2016
Investment grade bond/note issue, RMBS

€ 14.2 billion

$ 15.62 billion

Completed

24/2/2016


Overview:

  • Caixabank, through RMBS vehicle CAIXABANK RMBS 1, has issued a €14.2 billion in notes.
  • The issue consists of €12.851 billion series A notes and €1.349 billion in series B notes.
  • The transaction is a securitisation of  first lien residential mortgage loans and first lien residential mortgage ‘crédito abierto’ drawdowns.
  • Gesticaixa acted as arranger

Wai Yee Tsang - Journalist

Jurisdiction:

Spain

Deal types:

Investment grade bond/note issue
RMBS

Practice area:

Capital markets : Structured finance and securitisation

Industry sectors:

Banking
Real estate


Firm:

Party: Caixabank (Originator)