pdf-articles Ratings /ratings/en/research/pdf-articles/200701-presale-canada-square-funding-2020-2-plc-11546170 content
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Presale: Canada Square Funding 2020-2 PLC

S&P Global Ratings has assigned preliminary ratings to Canada Square Funding 2020-2 PLC's (CSF 2020-2) class A notes and class B-Dfrd to E-Dfrd interest deferrable notes. CSF 2020-2 is a static RMBS transaction that securitizes a portfolio of £154.1 million buy-to-let (BTL) mortgage loans secured on properties located in the U.K. The loans in the pool were originated by Fleet Mortgages Ltd. (36.8%), Landbay (49.0%), and Zephyr Homeloans (14.2%). All except one loan was originated in 2020.