-- Daniel O’Leary
Svensk Hypotekspension, a Swedish-based lender, has placed its SEK900 million ($123.8 million) SH Fond 1 AB (publ) with a club of private Swedish investors at par, according to a banking official close to the deal.
The notes represent Sweden’s first securitization of reverse equity release mortgages made to borrowers over 60 years of ....