27 May 2014

Amstelhuys NV (Amstelhuys) is planning to securitise a portfolio of Dutch residential mortgage loans for an amount of € 352.7 million under the name of iArena BV (iArena). Amstelhuys is a 100% owned subsidiary of Delta Lloyd NV (Delta Lloyd). This is the twentieth securitisation transaction undertaken by Delta Lloyd. The transaction is compliant with the new Dutch Securitisation Association standard.

Transaction information
As part of the securitisation transaction, a portfolio of Dutch residential mortgage loans will be transferred from Amstelhuys to a special purpose entity named iArena. iArena will finance the purchase of the Dutch residential mortgage loans by issuing notes. The € 320 million Class A1 Notes (rated A (sf) by DBRS) with a weighted average life of 10 years priced at 3.35% have been privately placed with a selected number of investors. Unlike the previous Arena transactions iArena does not contain an interest rate swap.

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