...- We assigned preliminary ratings to Temple Quay No.1 PLC's class A to F-Dfrd U.K. RMBS notes. - This static RMBS transaction securitizes a portfolio of owner-occupied and BTL mortgage loans secured on U.K. properties. LONDON (S&P Global Ratings) Nov. 8, 2022--S&P Global Ratings today assigned preliminary credit ratings to Temple Quay No.1 PLC's class A, B-Dfrd, C-Dfrd, D-Dfrd, E-Dfrd, and F-Dfrd notes. At closing, the issuer will issue unrated Z, X, R notes, and a Y certificate and VRR loan note. This is a static RMBS transaction that securitizes a portfolio of ú515.1 million owner-occupied and buy-to-let (BTL) mortgage loans secured on properties in the U.K. The loans in the pool were originated by Bank of Ireland (UK) PLC, The Governor and Company of the Bank of Ireland (U.K. Branch), Bank of Ireland Home Mortgages Ltd., and Bristol & West PLC between 1982 and 2022. Bristol & West PLC was acquired by Bank of Ireland in 1997. Lending...
