Kensington prices largest, tightest RMBS deal to date

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By Bill Thornhill
11 Jan 2018

Kensington, which is now known as Northview Group (NVG), has issued its largest new origination RMBS transaction post-crisis at the tightest spreads.

NVG placed five classes of notes with a total value of almost £600m from its Finsbury Square 2018-1 transaction, making it the issuer’s biggest offering to date. Until now its largest new origination deal had been a €515m transaction which it issued in 2015.

The bonds are ...

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