Virgin Money Prices Gosforth RMBS Re-offer

28 Oct 2013

U.K. lender Virgin Money has priced its re-offer of £300 million (£484.97 million) worth of previously-retained A2 notes from last year’s Gosforth 2012-2 U.K. prime residential mortgage securitization.

U.K. lender Virgin Money has priced its re-offer of £300 million (£484.97 million) worth of previously-retained A2 notes from last year’s Gosforth 2012-2 U.K. prime residential mortgage securitization.

The notes, rated triple-A by Moody’s Investors Service and Fitch Ratings, printed with a three-month LIBOR plus 80 basis ...

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