£6.2bn Cerberus RMBS deal to clear Granite hangover

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£6.2bn Cerberus RMBS deal to clear Granite hangover

Cerberus Capital Management’s launch of a £6.2bn UK RMBS deal — the biggest European ABS sale since the financial crisis — has finally lifted the uncertainty that has been hanging over the UK ABS market since the Granite sale process began a year ago, according to market participants.

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