IFLR1000

Stanlington No 1 PLC £227.6 million mortgage securitisation

16/3/2017
Asset Backed Securities (ABS), Securitisation
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£ 227.6 million

$ 284.080 million

Completed

16/3/2017

Overview:

  • Paratus AMC has undertaken a securitisation of mortgage loans valued at £227.6 million.
  • Stanlington No 1 PLC is the issuer.
  • The notes are backed by a portfolio of UK mortgage loans.
  • Natixis and NatWest Markets are acting as arrangers and joint lead managers.
  • US Bank Trustees is acting as trustee.
  • Elavon Financial Services is acting as cash manager, issuer account bank, agent bank and principal paying agent.

Sam Duke - Editor

Jurisdictions:

Ireland
United Kingdom

Deal types:

Asset Backed Securities (ABS)
Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

England and Wales

Industry sectors:

Financial services
Real estate

Firms:
Clifford Chance

Party: Natixis (Arranger, Joint lead manager)

Party: NatWest Markets (Arranger, Joint lead manager)

Slaughter and May

Party: Paratus AMC (Originator)

Lawyers: Jan Putnis, Oliver Wicker

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