Presale Report
European Residential Loan Securitisation 2019-NPL2 DAC: Presale Report
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Summary
Proceeds from the issuance of the Class A to Class D notes of European Residential Loan Securitisation 2019-NPL2 DACare will be used to purchase first-charge performing and non-performing Irish residential mortgage loans originated by Permanent TSB p.l.c. The non-performing loans comprise the majority of the portfolio.
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Contacts
Alessio Pignataro
Senior Vice President, Head of European NPL
+44 20 7855 6602
alessio.pignataro@morningstar.com- Christian Aufsatz
Managing Director - European Structured Finance Ratings
+(44) 20 7855 6664
christian.aufsatz@morningstar.com