Lloyds announced a Penarth 2019-1 STS UK credit card ABS with three triple-A tranches. The new cards will be available from the end of March and are being rolled out in partnership with Barclays.
Lloyds announced a Penarth 2019-1 STS UK credit card ABS with three triple-A tranches. The senior dollar tranche pays a coupon based on one-month LIBOR, while the two sterling tranches reference SONIA.