Growing Southern Pacific finds tight spreads for fourth UK MBS via Barclays and Lehman

31 May 2002

UK mortgage lender Southern Pacific this week launched its fourth securitisation with a £230.64m transaction backed by first and second lien non-conforming residential mortgages.

Lead managed by Barclays Capital and Lehman Brothers, the deal marked an important step in the lender's history as an issuer.

"Southern Pacific ...

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