Garanti BBVA International (GBI) has completed its first residential mortgage-backed securitisation (RMBS) transaction through Klaver Mortgage Finance 2026 B.V., backed by approximately EUR 536 million of Dutch prime residential mortgage receivables.
The transaction supports GBI's funding diversification strategy and strengthens its liquidity management capabilities. As a retained securitisation, all classes of notes issued under the transaction will be held by GBI, providing an additional instrument for potential access to secured funding.
Key Highlights
- GBI completes its first securitisation of Dutch residential mortgage loans.
- The transaction is backed by approximately EUR 536 million of Dutch prime residential mortgage receivables.
- The EUR 509.5 million Class A Notes are rated Aaa(sf) by Moody's and AAAsf by Fitch Ratings.
- All classes of notes issued will be retained by GBI.
- ABN AMRO Bank N.V. acted as Arranger for the transaction.
Further information
For further details, please download the full press release below.
