BlackRock UK RMBS vehicle surfaces with first deal mandate

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BlackRock UK RMBS vehicle surfaces with first deal mandate

David Bell
October 12, 2016 05:15 PM
blackrock px230
BlackRock headquarters is shown Wednesday, Feb. 15, 2006, in New York. Retail brokerage giant Merrill Lynch & Co. Inc. has agreed to combine its investment-management business with money manager BlackRock Inc. in exchange for a nearly 50 percent stake in the company, the two sides said Wednesday. (AP Photo/Mark Lennihan) | MARK LENNIHAN/AP/Press Association Images

A UK RMBS vehicle funded solely by clients of BlackRock has mandated for a debut deal, which will be backed by a £238m buy-to-let portfolio originated by Fleet Mortgages.

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