13th May 2022 20:29
LendInvest PLC - London-based non-bank mortgage lender - Says it has completed its fourth securitisation of prime buy-to-let mortgages in an oversubscribed residential mortgage-backed securities transaction. The securitisation, which comprised GBP270 million of UK prime BTL mortgage loans, received an Aaa(sf) and AAA(sf) rating for 87% of the pool from global credit rating agencies Moody's and S&P Global Ratings respectively. The transaction increases LendInvest's total funds under management to GBP3.2 billion, it adds.
Current stock price: 186.00 pence
12-month change: down 5.8%
By Arvind Bhunjun; [email protected]
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