BarCap Restructures Gracechurch RMBS Vehicle (Update)

04 Nov 2010

Barclays Capital has restructured its U.K. residential mortgage-backed securities master trust, Gracechurch Mortgage Funding.

—Hugh Leask

Barclays Capital has restructured its U.K. residential mortgage-backed securities master trust, Gracechurch Mortgage Funding. The move reduces the trust from £22.1 billion ($35.5 billion) to £10.6 billion ($17 billion). It also involved redeeming the Series 2009-1-A, Series 2009-1-B, Series 2009-1-C and, Series 2009-1-D notes, which had earlier ...

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