Sun comes out for ING

Bank mandated to arrange RMBS deal for Taiwan''s E.Sun Bank.

ING has become the latest foreign house to land a mandate in Taiwan's embryonic securitization market. The bank will arrange residential mortgage-backed issue for as much as NT$5 billion ($143.6 million) for E.Sun Commercial Bank. Reports suggest that E.Sun would like to launch the deal by the third quarter.

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