Santander targets £1bn of Fosse RMBS

By Tom Porter
17 Mar 2015

Santander UK has set a £1bn maximum size on its three tranche, dual currency Fosse UK master trust RMBS, after pulling in demand equivalent to over £1.6bn.

Lead managers Barclays, Bank of America Merrill Lynch, Deutsche Bank and Santander are targeting a Tuesday afternoon pricing for Fosse Master Issuer 2015-1, which has been offered in Reg S and 144A formats in both sterling and dollars.

Fosse 2015-1’s A-1+/P-1/F1+ rated (S&P/Moody’s/Fitch) 0.7 year Class A1 notes ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial