Clydesdale Retains Second Lannraig BTL RMBS

27 Nov 2012

Clydesdale Bank has launched and retained Lannraig Master Trust 2012-1, a U.K. residential mortgage securitization backed by buy-to-let mortgages originated by Clydesdale and Yorkshire Bank, both subsidiaries of National Australia Group.

Clydesdale Bank has launched and retained Lannraig Master Trust 2012-1, a U.K. residential mortgage securitization backed by buy-to-let mortgages originated by Clydesdale and Yorkshire Bank, both subsidiaries of National Australia Group.

The issue comprised a £715 million ($1.15 billion) class A tranche, rated AAA by Fitch Ratings and Moody’s ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial