Mercurio Mortgage to exercise redemption on four series of floaters

By Tali David

Minneapolis, April 24 - Mercurio Mortgage Finance Srl plans to exercise an optional redemption on four series of its mortgage-backed floating-rate notes, according to a filing with the London Stock Exchange.

The following will be redeemed at par plus accrued interest on May 6:

• Class A mortgage-backed floaters due 2037 issued in the amount of €594 million (ISIN XS0161057087);

• Class MI mortgage-backed floaters due 2037 issued in the amount of €10.7 million (ISIN XS0161057327);

• Class M2 mortgage-backed floaters due 2037 issued in the amount of €17.7 million (ISIN XS0161057590); and

• Class B mortgage-backed floaters due 2037 issued in the amount of €8.8 million (ISIN XS0161057673).

Mercurio Mortgage is a Milan-based subsidiary of Barclays.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.