Together secures new funding with £275m RMBS
Specialist secured lender Together has announced the successful completion of its debut public residential mortgage-backed security transaction, issuing £275m to support its growth strategy.
The Moody’s and DBRS rated Together Asset Backed Securitisation 1 PLC (“TABS”) will complement Cheadle, Greater Manchester-based Together’s existing private securitisations, senior secured notes and banking syndicate facilities.
TABS was 2.5 times oversubscribed in total, receiving very strong interest from a wide range of instituti... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
