Charter Court makes quick comeback with second RMBS of 2020

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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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