Belmont Green, as an originator for the purposes of the Securitisation Regulation will retain, on an ongoing basis, a material net economic interest of at least 5 per cent in the transaction. This will be satisfied by a 100% holding of the Class Z1 and Z2 Notes as required by the Securitisation Regulation
Pricing Speed
50% CPR for the following 18 months and then 25% CPR thereafter