| Class | CCY | SZE(M) | WAL | WALX | MO | SP | FI | C/E | LTV | TYPE | BNCH | GDNC | SPRD | CPN | YLD | PRICE |
|---|
| A-3 | GBP | 325.000 | - | - | Aa3 | AA | - | - | - | Fixed | YLD | - | - | 3.563% | - | - |
| A-4 | GBP | 325.000 | - | - | Aa3 | AA | - | - | - | Fixed | YLD | - | - | 3.563% | - | - |
Tranche Comments
A-3: Registration: Reg S Only;
A-4: Registration: Reg S Only;
Deal Comments
Refinancing. GBP650m Dec 2031 (Dec 2036 final) snr sec RegS Class A notes - split A-3 and A-4. Aa3/AA. Barc sole. IPTs G+175/+180, guidance G+170 area (+/-3 WPIR). Bks 950m, peak ~1bn, subj 2pm, 3 days AI. Came +170. Par Call: 3m. MWC: G+15%
| Class | CCY | SZE(M) | WAL | WALX | MO | SP | FI | C/E | LTV | TYPE | BNCH | GDNC | SPRD | CPN | YLD | PRICE |
|---|
| J-2 | NEU | 715.000 | - | - | Ipp2 | III | HHH | - | - | Yphappwm | I | 170n | 160 | 1.963% | 1.963% | 953.00000 |
| O-6 | XJB | 919.000 | - | - | Rd3 | CC | QQ | - | - | Hvgrj | H | 110i | 100 | 1.366% | 1.368% | 925.00000 |
Tranche Comments
O-6: Book size: 2555; Registration: Usr X Abpc; Comments: IUS325y qsyt/tnwq (54.459y/270.541y) rm jh325y M6 znq zsw, Dsw 2031 (ssh), Dsw 2033 KVQ, BMQ Mcn 2026. Mc3/MM/MM. PSIz I+130 cqsc tz 0.125% 1/26, getscnws I+110 cqsc, zsr I+100, ey ~2.5en, Mzzm U2 nmrsz. Ucqw zmzs. QBL I+15, 3ySL. Itzr @ 98.815 yts, 98.795 ets, VI 97%. VII 4hy. KUPu 213800VC84NIUM5XNC43;
J-2: Book size: 4210; Registration: Bhm W Afiv; Comments: KUB250n Qhsjqn nzwj/jsmn zq io250n U2 2sw Bnjqnjzm Lzsjqn Lzmhnzw Sqzzc / fhsjqn czmhnzw Sjn 2026 (zsm), Jzm 2033 DJS, Ujj2/PP/UUU/UUU VBNc K+190 jnzj ic 0.125% 1/26, ohjwjsmz K+170 jnzj, czz K+160, co ~1.42cs, Pjcq P6 sqzzc. Ujnm cqjz. SAC K+25. Kjjz @ 98.815 njw , 98.795 cjw, HL 98%. JNN 4mn. DKVe u213800HS84WNKP5SXS43. DKVe 213800HS84WNKP5SXS43;
Use of Proceeds
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