European Residential calls several classes of mortgage-backed floaters

By Susanna Moon

Chicago, Feb. 28 – European Residential Loan Securitisation 2017-PL1 DAC said that the current holder of the call option has exercised the call for several series of notes.

The notes will be redeemed on the interest payment date falling in March, according to the notice.

The notice was sent to holders of the following notes:

• €300,947,000 class A mortgage-backed floating-rate notes due 2057;

• €85,268,000 class B mortgage-backed floating-rate notes due 2057;

• €33,439,000 class C mortgage-backed floating-rate notes due 2057;

• €50,158,000 class D mortgage-backed floating-rate notes due 2057;

• €51,830,000 class E mortgage-backed floating-rate notes due 2057;

• €33,439,000 class F mortgage-backed floating-rate notes due 2057;

• €113,691,000 class Z mortgage-backed floating-rate notes due 2057; and

• €100,000 class X mortgage-backed floating-rate notes due 2057.

For questions, call +353 1 697 5350 or email Ireland.Directors@intertrustgroup.com.

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