MSK Represents California Republic Bank in its Initial Securitization of Nearly $183 Million of Prime Auto Loans
November 15, 2012
MSK assisted California Republic Bank, Newport Beach, California, with its first securitization transaction in which $186.56 million in notes and $13.5 million of trust certificates backed by the Bank's auto loans were sold to qualified institutional buyers in a private offering which closed November 8, 2012. The sale of the notes and certificates was structured to enable the Bank to achieve favorable capital treatment for the transaction.