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Achmea Bank N.V.

Achmea Bank N.V.

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Publicatie datum 11 jul 2012 - 18:29
Statutaire naam Achmea Bank N.V.
Titel Achmea Hypotheekbank successfully refinances mortgage portfolio
Bericht TILBURG • Achmea Hypotheekbank N.V. announces that it has successfully completed the sale of EUR783.7 million of residential mortgage-backed securities (RMBS) to refinance its existing mortgage portfolio. This issue represents the 10th securitisation transaction executed under the DMPL-programme with a transaction structure that is in line with previous DMPL-transactions. The transaction was very well received in the capital market and received broad interest from institutional investors across Europe, indicating the high level of confidence of investors in the portfolio and in Achmea. The A1 books were up to 2.5x oversubscribed at EURIBOR 3M + 85 bps. The A2 books were up to 1.8x covered and priced at EURIBOR 3M + 150 bps. 50% of the A notes have been purchased by an Achmea B.V. insurance subsidiary The securities are rated Aaa by Moody•s and AAA by Fitch and were placed by a syndicate of banks comprising Barclays and Rabobank International as Joint Lead Managers. More information can be found on our website: www.achmeamortgagebank.com