Clydesdale moves to STS and Sonia for new Lanark deal

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Clydesdale moves to STS and Sonia for new Lanark deal

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BY3H3X Clydesdale Bank at the Clydesdale Bank Plaza, Lothian Road, Edinburgh, Midlothian, Scotland, UK | Alamy Stock Photo

Clydesdale Bank has mandated BNP Paribas, Bank of America Merrill Lynch, Citi and Lloyds for it Lanark 2019-2 UK RMBS offering. The multi-currency deal will comply with the ‘simple, transparent and standardised’ (STS) regulation and include a Sonia-linked sterling tranche.

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