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New Issue: Mulcair Securities No. 4 DAC

The pool for Mulcair Securities No. 4 DAC contains €213.7 million first-lien residential mortgage loans located in Ireland. The loans were originated by The Governor and Company of the Bank of Ireland (BOI), Bank of Ireland Mortgage Bank (BOIMB), and ICS Building Society. The pool comprises 74.1% buy-to-let (BTL) loans and 25.9% owner-occupied properties. The assets were previously securitized in the Mulcair Securities No. 3 DAC transaction that closed in early 2022. All of the loans in the pool for Mulcair Securities No. 4 were present in Mulcair Securities No. 3. The assets present in this portfolio were originated by BOI, BOIMB, and ICS Building Society, mostly (97.91%) before 2011. Although the loans in the pool were initially originated as

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