ABN AMRO announces EUR 550 mln Dutch RMBS

ABN AMRO has started marketing a EUR 550 mln residential mortgage backed securitisation (RMBS) of its prime Dutch residential mortgage portfolio.

The transaction is structured via a special purpose vehicle Match I (2002-1), whose rated notes will be listed on Euronext Amsterdam. ABN AMRO and Deutsche Bank will act as joint book runners, Bear Stearns and Citigroup as co-lead managers.

ABN AMRO is one of the leading mortgage providers in The Netherlands and has previously issued three RMBS deals via its European Mortgage Securities (EMS) programme.

ABN AMRO is the largest foreign bank in the US* and its Mortgage Group based in Michigan is also a regular participant in the US RMBS market.

Match I (2002-1) will be presented to investors via a roadshow in Europe during the next week.

(source: ABN Amro)

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