Mezz RMBS demand heats up as slate of issues hit screens
Demand for the mezzanine tranches of RMBS Finsbury Square has been strong, boding well for a series of new UK RMBS issues that hit came to market on Wednesday.
Demand for the junior portions of Kensington Mortgage Company's Finsbury Square 2018-1 RMBS deal has far exceeded supply.Based on the latest order book update released on Wednesday, the £12.3m ‘D’ class, rated BBB+/A3 by Fitch Ratings and Moody’s, were initially offered at 200bp over three ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org