Euro Securitisation: Permanent Master Issuer 2009-1

Issuer: Permanent Master Issuer 2009-1 (Lloyds Banking Group)
Size: €4 billion equivalent
Issue date: Sept 23, 2009
Expected maturity: Oct 2014
Legal maturity: Jul 2042
Ratings: AAA (Fitch, Moody’s, S&P)
Pricing: A1 €1.65 billion (retained), A2 €1.65 billion 3M Libor + 180bp, A3 €750 million 3M Euribor + 170bp

Bookrunners: Barclays Capital, JP Morgan, Lloyds Banking Group

Unfairly damned by association with the collapse of the subprime mortgage-backed sector, the European securitisation market was one

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: