S&P Global Ratings has assigned ratings to Roundstone Securities No. 2 DAC's (Roundstone) class A to F-Dfrd Irish RMBS notes. At closing, the transaction will also issue unrated class Z, R, X1, and X2 notes. Roundstone is a static RMBS transaction that securitizes a €1.6 billion portfolio of performing and reperforming owner-occupied and buy-to-let (BTL) mortgage loans secured over residential properties in Ireland.
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