Presale

European Residential Loan Securitisation 2019-NPL2 DAC: Presale Report

Nonperforming Loans

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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