UK extends supply lead as Bluestone roadshows debut

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By Tom Porter
09 Mar 2015

Australia based Bluestone Group has begun marketing its debut UK RMBS, as demand for deals non-eligible for European Central Bank purchase supports the non-prime market.

Macquarie and Credit Suisse have been mandated to market the first securitization of UK buy-to-let mortgages from the recently acquired Basinghall Finance platform, which will be named Celeste 2015-1.

Bluestone completed the acquisition of Basinghall in December from German bad bank Erste Abwicklungsanstalt (EAA), with Macquarie providing the ...

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