Last piece of GE UK mortgage book sold in RMBS deal

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Last piece of GE UK mortgage book sold in RMBS deal

General Electric

Junglinster, an entity owned by funds controlled by TPG Special Situation Partners, Blackstone and CarVal Investors, sold £2.1bn ($2.72bn) of UK nonconforming RMBS paper last Friday, in a deal that was largely pre-placed.

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