First Active new securitisation

First Active has introduced its seventh mortgage-backed securitisation. The bank has now raised more than €2

First Active has introduced its seventh mortgage-backed securitisation. The bank has now raised more than €2.5 billion since its first securitisation in 1998. This latest issue has raised €650 million and was arranged by BNP Paribas and jointly lead-managed by BNP Paribas and Royal Bank of Scotland.

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