Goldman brings UK RMBS carved out from NPL portfolio
Goldman Sachs is bringing a £111m UK buy-to-let RMBS backed by a pools of loans cut away from a larger £1.9bn non-performing loan portfolio acquired from KBC Bank Ireland.
Banna RMBS Dac 2019-1 UK BTL Mortgage Loan Securitisation is offering three tranches including a triple-A, £79.9m, 3.06 year senior tranche with a floating-rate coupon of 1.2% over daily-compounded Sonia.Approximately 59.7% of the pool is performing, with over a third of the pool in arrears and ...
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