Shawbrook Mortgage Funding 2022-1 PLC U.K. RMBS Notes Assigned Ratings - S&P Global Ratings’ Credit Research

Shawbrook Mortgage Funding 2022-1 PLC U.K. RMBS Notes Assigned Ratings

Shawbrook Mortgage Funding 2022-1 PLC U.K. RMBS Notes Assigned Ratings - S&P Global Ratings’ Credit Research
Shawbrook Mortgage Funding 2022-1 PLC U.K. RMBS Notes Assigned Ratings
Published Dec 13, 2022
4 pages (1810 words) — Published Dec 13, 2022
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We assigned credit ratings to Shawbrook Mortgage Funding 2022-1 PLC's class A and B-Dfrd to F-Dfrd notes. This is an RMBS transaction that securitizes a portfolio of £574 million buy-to-let (BTL) mortgage loans secured on properties in the U.K. LONDON (S&P Global Ratings) Dec. 13, 2022--S&P Global Ratings today assigned credit ratings to Shawbrook Mortgage Funding 2022-1 PLC's class A and B-Dfrd to F-Dfrd notes. On closing, the issuer also issued unrated class X1-Dfrd and X2-Dfrd notes and residual certificates (see list). This is an RMBS transaction that securitizes a portfolio of £574 million buy-to-let (BTL) mortgage loans secured on properties in the U.K. The loans in the pool were originated between 2016 and 2022 by Shawbrook Bank Ltd., a

  
Brief Excerpt:

...- We assigned credit ratings to Shawbrook Mortgage Funding 2022-1 PLC's class A and B-Dfrd to F-Dfrd notes. - This is an RMBS transaction that securitizes a portfolio of ú574 million buy-to-let (BTL) mortgage loans secured on properties in the U.K. LONDON (S&P Global Ratings) Dec. 13, 2022--S&P Global Ratings today assigned credit ratings to Shawbrook Mortgage Funding 2022-1 PLC's class A and B-Dfrd to F-Dfrd notes. On closing, the issuer also issued unrated class X1-Dfrd and X2-Dfrd notes and residual certificates (see list). This is an RMBS transaction that securitizes a portfolio of ú574 million buy-to-let (BTL) mortgage loans secured on properties in the U.K. The loans in the pool were originated between 2016 and 2022 by Shawbrook Bank Ltd., a specialist lender, wholly owned by Shawbrook Group PLC....

  
Report Type:

Ratings Action

Issuer
Shawbrook Mortgage Funding 2022-1 PLC
Sector
Structured Finance
Country
United Kingdom
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Shawbrook Mortgage Funding 2022-1 PLC U.K. RMBS Notes Assigned Ratings" Dec 13, 2022. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Shawbrook-Mortgage-Funding-2022-1-PLC-U-K-RMBS-Notes-Assigned-Ratings-2928674>
  
APA:
S&P Global Ratings’ Credit Research. (). Shawbrook Mortgage Funding 2022-1 PLC U.K. RMBS Notes Assigned Ratings Dec 13, 2022. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Shawbrook-Mortgage-Funding-2022-1-PLC-U-K-RMBS-Notes-Assigned-Ratings-2928674>
  
US$ 150.00
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