OVERVIEW We have assigned ratings to the class A to C notes in Van Lanschot's Dutch RMBS securitization, Citadel 2010-I. The collateral consists of Dutch residential mortgage loans originated and serviced by Van Lanschot. This is the first securitization of Van Lanschot's mortgage loans that we have rated. LONDON (Standard & Poor's) July 20, 2010--Standard & Poor's Ratings Services today assigned its credit ratings to Citadel 2010-I B.V.'s €1.21 billion residential mortgage-backed floating-rate notes. At the same time, Citadel also issued €43.30 million of unrated notes (see list below). Citadel 2010-I is the first securitization of mortgage loans originated by F. van Lanschot Bankiers N.V. (Van Lanschot) that we have rated. The collateral consists of performing loans secured by first-ranking...
Companies mentioned in this report are:
- Citadel 2010-I B.V.
- F. van Lanschot Bankiers N.V.
Action: New Rating
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