Clydesdale looks to leisurely Lanark launch
Barclays Capital, Deutsche Bank, JP Morgan, and Royal Bank of Scotland are roadshowing a new issue from Clydesdale Bank’s prime RMBS master trust, Lanark. The deal comes as the UK lender, wholly owned by National Australia Bank, faces refinancing the maturities from its government-guaranteed programmes – £500m on November 11, with a further £750m scheduled to redeem on December 9.
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