Irish financial services company Dilosk Limited is marketing €206 million ($233 million) of securities backed by Irish residential mortgages.

The issuer's debut securitization, called Dilosk RMBS No. 1, will be rated by Standard & Poor’s and DBRS. The offering is part of the Dilosk’s “long-term growth plan targeting new lending with a particular focus on the Irish residential investment (or buy-to-let) property market," according the issuer's website.

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