Cordusio RMBS Securitisation S.r.l. has securitized a residential loan portfolio transferred by UniCredit Banca per la Casa for an overall amount of € 23.78 billion.
UniCredit Banca per la Casa is the Group's central platform for the residential loan business.
The operation includes two tranches: a Senior tranche, with an A1 (Moody's) rating, and a junior tranche, without rating. The notes are already listed on the Irish Stock Exchange.
Both the Senior and the Junior tranche are withheld by the originator UniCredit Banca per la Casa.
Milan 14 November, 2008
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