Distribution: By Region (Classes A-E): Europe – 58.4% UK – 34.9% US – 6.7%. By Type (Classes A-E): Insurance/Asset Managers – 89.2% Bank Treasury – 7.2% Trading desks – 3.7%.
Originator(s)
Kensington Mortgage Co Ltd. & affiliates (c. 51%), London Mortgage Co (c. 21%), Money Partners Ltd (c. 16%), Southern Pacific Mortgages Ltd (c. 5%), GMAC-RFC Ltd (c. 5%), London Personal Loans (c. 2%) & Southern Pacific Personal Loans Ltd (c. 0.2%)
Risk Retention
EU: Kayl Holdco will undertake in the Retention Letter that it will retain on an ongoing basis, as an originator within the meaning of the Securitisation Regulation, a material net economic interest of at least 5 per cent. in the securitisation, as required by the EU Retention Requirements. US: Kayl Holdco, as a "sponsor" for the purposes of the U.S. Risk Retention Rules, is required under the U.S. Risk Retention Rules to acquire and retain the U.S. Risk Retained Interest.