Correction - FirstMac's RMBS transaction

By BN | 11/11/2009 12:00:00 AM | 0 comments

The final participation in FirstMac's $470 million 2-2009 RMBS transaction came from six domestic investors, in addition to the AOFM.

The AOFM's final purchases across two classes of notes were $195.4 million of the A-2 notes and all of the AB notes ($19.74 million).

Figures released yesterday incorrectly stated that the participation was an investment of $220.14 million from the AOFM and $249.86m from external investors.

The total transaction value of $470 million remains, as does the pricing.

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