Thrones price thoughts match secondary
Citi has circulated initial price thoughts on its Thrones 2014 No. 1 RMBS, the second deal it has managed to fund a Mars Capital portfolio. The senior tranche is being shown at 105bp-110b, in line with the 105bp indicated for Thrones 2013-1, and broadly in line with BAML’s Moorgate Funding 2014-1, priced in early May.
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