| Class | CCY | SZE(M) | WAL | MO | SP | FI | C/E | LTV | TYPE | BNCH | GDNC | SPRD | CPN | YLD | PRICE |
|---|
| A1 | GBP | 727.425 | 2.23 | - | AAA | AAA | 17.75% | - | Floating | SONIA | - | 120 | SONIA+120 | - | Retained |
| A2 | GBP | 38.286 | 2.23 | - | AAA | AAA | 17.75% | - | Floating | SONIA | - | 120 | SONIA+120 | - | Retained |
| B | GBP | 53.046 | 3.04 | - | AA- | AA | 12.00% | - | Floating | SONIA | - | - | SONIA+175 | - | 97.27473 |
| C | GBP | 36.901 | 3.04 | - | A- | A | 8.00% | - | Floating | SONIA | - | - | SONIA+250 | - | 96.64632 |
| D | GBP | 13.838 | 3.04 | - | BBB | BBB+ | 6.50% | - | Floating | SONIA | - | - | SONIA+300 | - | 96.02226 |
| E | GBP | 13.838 | 3.04 | - | BB | BBB | 5.00% | - | Floating | SONIA | - | - | SONIA+350 | - | 94.77768 |
| F | GBP | 9.225 | 3.04 | - | B | BB+ | 4.00% | - | Floating | SONIA | - | - | SONIA+400 | - | 93.57151 |
| G | GBP | 6.919 | 3.04 | - | B- | B+ | 3.25% | - | Floating | SONIA | - | - | SONIA+450 | - | 92.40244 |
| Z | GBP | 23.063 | 3.04 | - | NR | NR | 0.75% | - | ZeroCpn | - | - | - | 0.00% | - | 66.12574 |
| R | GBP | 11.012 | 3.04 | - | NR | NR | - | - | ZeroCpn | - | - | - | 0.00% | - | 66.14687 |
| X | GBP | 18.450 | 1.13 | - | CCC | CCC | - | - | Floating | SONIA | - | - | SONIA+300 | - | 96.40725 |
Tranche Comments
A1: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only;
A2: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only;
B: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only; Comments: Pre-placed;
C: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only; Comments: Pre-placed;
D: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only; Comments: Pre-placed;
E: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only; Comments: Pre-placed;
F: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only; Comments: Pre-placed;
G: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only; Comments: Pre-placed;
Z: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only; Comments: Pre-placed;
R: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only; Comments: Pre-placed;
X: First Pay: 2023-07-28; Redemption: 2026-04-28; Registration: Reg S Only; Comments: Pre-placed;
Originator(s)
Northern Rock Plc
Risk Retention
EU/UK - Yes, US - Yes
Use of Proceeds
To pay certain fees and expenses and to establish the General Reserve Fund and the Liquidity Reserve Fund