News, details on corporate bond issues in the European markets on Tuesday:
DELTA LLOYD (DLL.AS)
Issue: 904.5 million euro ($1.36 billion) prime RMBS originated by Delta's Amstelhuys unit, said lead manager Royal Bank of Scotland.
An A1 tranche is 189 mln euros with a 2-year weighted average life and a second A2 tranche is 643.5 mln euros with a 4.9-year weighted average life.
All other tranches will be retained by the issuer.
Underwriters: Natixis, Rabobank and Royal Bank of Scotland.
Ratings: Both tranches rated Triple A by Moody's and S&P.
WEST BROMWICH BUILDING SOCIETY (WBS_p.L)
Issue: plans sterling government-guaranteed April 2012 bond, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Managing banks: Royal Bank of Scotland.