RBS on road with Fordgate refi UK CMBS

By Tom Porter
09 Apr 2015

Royal Bank of Scotland is marketing a UK CMBS, Antares 2015-1, to finance the old Fordgate Commercial Securitisation 1 portfolio, bought out of liquidation by private equity firm Kennedy Wilson last year.

The securitized loan is £180m, and the note classes are a £130.65m class 'A', and a £40.71m class 'B'. The deal was announced on Thursday, and RBS is holding investor meetings to discuss the deal this week, and plans to publicly distribute the class 'A'.

According to DBRS’s ...

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