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Platform Home Loans finalises securitisation

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  • 06/06/2002
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Platform Home Loans has just completed a £389.1m securitisation of non-conforming mortgages. This is...

Platform Home Loans has just completed a £389.1m securitisation of non-conforming mortgages. This is the fifth transaction for Platform, the second since the lender was acquired by Brittania, and brings the total amount of its securitised assets to £1.14bn. The bonds, rated AAA, were priced at 31 basis points over the three-month Libor.


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