Co-op Bank pre-places fourth Warwick legacy asset deal

Tom Brown

August 20, 2019 05:30 PM

co-op_PA_230x150 — File photo dated 13/02/17 of a Co-operative Bank sign in London. The Co-operative Bank, which was put up for sale in February, has said that it is in advanced discussions with existing investors over a rescue package. | Kirsty O'Connor/PA Wire/PA Images

Co-op Bank opted to pre-place its fourth Warwick Finance RMBS last Friday, scraping the remainder of a legacy portfolio it began securitizing in 2015.

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Tom Brown