25 May
2017
UK MORTGAGES
LIMITED
(a closed-ended investment company incorporated in Guernsey
with registration number 60440) (a non-cellular company
limited by shares incorporated in the Island of Guernsey under the
Companies (Guernsey) Law 2008, as amended, with registered number
60440 and registered as a Registered Closed-ended Collective
Investment Scheme with the Guernsey Financial Services
Commission)
Securitisation
The Board of UK Mortgages Limited and TwentyFour Asset
Management LLP (“TwentyFour”) are pleased to announce the mandate
for Oat Hill No.1 PLC, a public securitisation of Buy-to-Let
mortgages originated by Capital Home Loans (“CHL”), purchased in
February 2017 by UK Mortgages
Corporate Funding Designated Activity Company (“DAC”).
TwentyFour, the appointed Portfolio Advisor of DAC, has mandated
BofAML as Arranger and BofAML and NatWest Markets as Joint Lead
Managers for Oat Hill No. 1.
A transaction offering Triple-A rated Class A Notes is expected
to follow in the near future subject to market conditions, with
roadshow meetings commencing on Thursday 25th May.
The issuer will seek Bank of England and European Central Bank eligible
status for the Class A Notes.
For further information, please contact:
Numis Securities Limited:
Nathan
Brown
+44 (0)20 7260 1000
Hugh Jonathan
TwentyFour Income Fund Limited:
John
Magrath
+44 (0)20 7015 8900
Alistair Wilson