Midgard Prosjekt I ASA (to be renamed Skandiabanken Boligkreditt) plans to offer NOK17 million ($2.05 million) of covered bonds backed by a NOK13 billion pool of Norwegian residential mortgages, according to Moody’s Investors Service.

Moody’s assigned preliminary ‘Aaa’ ratings to the covered bonds.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.