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LendInvest Completes Second Securitization Amid Turbulent Market

LendInvest Completes Second Securitization Amid Turbulent Market

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EuropeFintechNews Roundup
··1 min read

UK property lender, LendInvest, has completed a £285 million securitization of prime “buy-to-let” mortgages; it received a AAA rating for 85% of the loan pool from Fitch and S&P Global Ratings; the company said the deal was oversubscribed and that it took just six days to price the transaction after opening investor discussions; this is the second securitization for LendInvest, having closed a £259 million deal in June 2019; Rod Lockhart, CEO of LendInvest, said, “It has been a truly unprecedented and unusual environment to agree and settle a transaction as substantial as this for LendInvest – let alone the whole UK mortgage market…The circumstances mean it’s all the more rewarding to have returned to the RMBS market as emphatically as we have done”. Altfi

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    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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