Charter Court makes quick comeback with second RMBS of 2020

By Tom Brown
20 Feb 2020

Charter Court has priced its second sterling RMBS of the year with the help of arranger Lloyds and joint lead Bank of America, making a quick return to market following a deal in January.

CMF 2020-1 was priced on Wednesday at 60bp over Sonia for the senior tranche, the tight end of initial price thoughts of 60bp-63bp. At one point the senior notes were 2.4 times oversubscribed, with one mezzanine tranche 5.7 times oversubscribed.

Levels dropped slightly at final terms, however, at ...

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