Optimum Credit has announced it has completed its third RMBS securitisation followed by second generation residential mortgage loans . The £ 274.8 billion ( $ 342.4 m ) Castell 2019 - 1 debt - linked deal , announced on 2 march , received strong demand across all the tranches , with the senior tranche 1.6 times oversubscribed and the junior tranche more than two times oversubscribed .
Optimum Credit has announced it has closed its third RMBS securitisation backed by second lien residential mortgage loans. The £274.8m ($342.4m) Castell 2019-1 SONIA-linked deal, announced on 2 September, received strong demand across all the tranches, with the senior tranche 1.6 times oversubscribed and the mezzanine tranche more than two times oversubscribed.