GlobalCapital Securitization, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

RMAC tender buyer Clifden tried to sell mortgage book it didn’t own


Before it launched its public tender offer for UK non-conforming RMBS bonds in the RMAC and RMACS series, hedge fund Clifden IOM No 1 tried to sell the mortgages backing the bonds in a private transaction, angering potential buyers and financiers when they found out the fund did not own the assets. Owen Sanderson reports.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login