F. Van Lanschot Bankiers is working on a new prime Dutch RMBS issue, Lunet RMBS 2013-I, according to a Standard & Poor’s presale report.

The deal is structured with €1.07 billion mortgage-backed floating-rate notes and €10.8 million excess spread-backed notes. S&P has assigned ratings of ‘AAA’ to the class A1 and A2 notes and ‘A’ to the class B floating-rate notes. These notes will pay floating-rate interest equal to three-month Euribor, plus a margin.  

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