IFLR1000

BlueStep Finans SKr3.3 billion RMBS

11/5/2015
Asset Backed Securities (ABS), RMBS, Securitisation
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SKr 3.3 billion

$ 363.8 million

Completed

11/5/2015

Overview:

  • BlueStep Finans, a Swedish credit institution and the largest specialty lender in Scandinavia, has undertaken a SKr3.3 billion securitisation of a portfolio of Swedish non-conforming residential mortgage loans originated by Bluestep Bostadslan and Bluestep Finans.
  • The notes issued were listed on the Irish Stock Exchange.
  • Barclays and BNP Paribas were the arrangers and joint lead managers.

Wai Yee Tsang - Journalist

Jurisdiction:

Sweden

Deal types:

Asset Backed Securities (ABS)
RMBS
Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Industry sectors:

Financial services
Real estate

Firms:
Clifford Chance

Party: Barclays (Arranger, Joint lead manager)

Party: BNP Paribas (Arranger, Joint lead manager)

Mannheimer Swartling

Party: BlueStep Finans (Target)

Lawyer: Mattias Lampe (retired)

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