Clydesdale to return, but with RMBS supply
Clydesdale Bank will sell the first UK prime RMBS of the year, after mandating leads for a euro and sterling denominated Lanark trade that will be offered in Reg-S and 144a format to attract a bid from US investors. The issuer has not been seen in the covered bond market since May 2012 when it issued a two tranche sterling deal.
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