ING Bank is marketing a €1.28 billion ($1.72 billion) securitization of prime Dutch residential mortgage loans.

The deal called Orange Lion 2011-6 RMBS B.V is backed by first-ranking mortgages on residential properties located in the Netherlands.

ING is also acting as the servicer, cash manager, swap counterparty and account bank within the transaction.

Moody's Investors Service has assigned a provisional 'Aaa' rating to both the class A1 and A2 notes issued under the deal's capital structure.

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