EMEA

摘要

Santander uk has joined the UK RMBS pipeline, announcing its new fosse master issuer 2015-1 prime transaction. The lender has mandated Barclays, Bank of America Merrill Lynch, Deutsche Bank and Santander for the new trade, which comes nine months after the previous offering. As with Fosse 2014-1, the new deal will be offered in sterling and US dollars. There is no capital structure yet, however, for the Reg S/144A issue. Last year, Santander sold US$850m of 0.72-year Class A1 bonds at one-month Libor plus 12bp and £500m of 2.93-year Class A2s at three-month Libor plus 40bp.