Shamrock Residential 2022-2 DAC Irish RMBS Notes Assigned Ratings - S&P Global Ratings’ Credit Research

Shamrock Residential 2022-2 DAC Irish RMBS Notes Assigned Ratings

Shamrock Residential 2022-2 DAC Irish RMBS Notes Assigned Ratings - S&P Global Ratings’ Credit Research
Shamrock Residential 2022-2 DAC Irish RMBS Notes Assigned Ratings
Published Oct 27, 2022
4 pages (1742 words) — Published Oct 27, 2022
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We assigned ratings to Shamrock Residential 2022-2 DAC's (Shamrock 2022-2) class A to G-Dfrd Irish RMBS notes. Shamrock 2022-2 is a static RMBS transaction that securitizes a portfolio of €513.76 million loans. These are owner-occupied and BTL primarily reperforming mortgage loans secured over residential properties in Ireland. MADRID (S&P Global Ratings) Oct. 27, 2022--S&P Global Ratings has assigned ratings to Shamrock Residential 2022-2 DAC's (Shamrock 2022-2) class A to G-Dfrd Irish RMBS notes. At closing, the transaction also issued unrated class RFN, Z1, Z2, X, and Y notes. Shamrock 2022-2 is a static RMBS transaction that securitizes a portfolio of €513.76 million loans (of which €3.40 million are subject to potential write-off), which consist of owner-occupied and buy-to-let (BTL) primarily

  
Brief Excerpt:

...- We assigned ratings to Shamrock Residential 2022-2 DAC's (Shamrock 2022-2) class A to G-Dfrd Irish RMBS notes. - Shamrock 2022-2 is a static RMBS transaction that securitizes a portfolio of 513.76 million loans. These are owner-occupied and BTL primarily reperforming mortgage loans secured over residential properties in Ireland. MADRID (S&P Global Ratings) Oct. 27, 2022--S&P Global Ratings has assigned ratings to Shamrock Residential 2022-2 DAC's (Shamrock 2022-2) class A to G-Dfrd Irish RMBS notes. At closing, the transaction also issued unrated class RFN, Z1, Z2, X, and Y notes. Shamrock 2022-2 is a static RMBS transaction that securitizes a portfolio of 513.76 million loans (of which 3.40 million are subject to potential write-off), which consist of owner-occupied and...

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Shamrock Residential 2022-2 DAC Irish RMBS Notes Assigned Ratings" Oct 27, 2022. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Shamrock-Residential-2022-2-DAC-Irish-RMBS-Notes-Assigned-Ratings-2909213>
  
APA:
S&P Global Ratings’ Credit Research. (). Shamrock Residential 2022-2 DAC Irish RMBS Notes Assigned Ratings Oct 27, 2022. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Shamrock-Residential-2022-2-DAC-Irish-RMBS-Notes-Assigned-Ratings-2909213>
  
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