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SANTANDER UK RAISES £2.4BN IN SECURITISATION DEAL

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• Santander UK plc has raised £3.4bn in two weeks including the latest Holmes deal and covered bond issuances
Santander UK plc has raised £2.4bn through a publicly placed UK residential mortgage-backed securitisation (RMBS) issued through the Holmes master issue programme.
This funding brings the total raised by Santander UK to £3.4bn in the last two weeks, following a successful covered bond issuance earlier in the month. Given the ongoing market turmoil this is a fantastic result.
Impressive investor demand resulted in a final deal size of £2.4bn.
In total, the order book contained around 40 accounts across 6 different classes of notes issued by the Holmes securitisation vehicle.

Publié dans : Économie & finance, Business
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SANTANDER UK RAISES £2.4BN IN SECURITISATION DEAL

  1. 1. Press release16 September 2011 SANTANDER UK RAISES £2.4BN IN SECURITISATION DEAL Santander UK plc has raised £3.4bn in two weeks including the latest Holmes deal and covered bond issuancesSantander UK plc has raised £2.4bn through a publicly placed UK residential mortgage-backed securitisation (RMBS) issued through the Holmes master issue programme.This funding brings the total raised by Santander UK to £3.4bn in the last two weeks,following a successful covered bond issuance earlier in the month. Given the ongoingmarket turmoil this is a fantastic result.Impressive investor demand resulted in a final deal size of £2.4bn.In total, the order book contained around 40 accounts across 6 different classes of notesissued by the Holmes securitisation vehicle.The Holmes notes will be secured by a portfolio of UK prime, first-lien, owner occupiedresidential mortgages originated by Santander UK plc.Justo Gomez, Finance Director, Santander UK, said: “The demand for the dealshows the strength and confidence the market has in Santander UK plc, especially whenyou consider the €1bn we raised through the covered bond issuance earlier this month.” ENDSThe information contained in our press releases is intended solely for journalistsand should not be used by consumers to make financial decisions.Media Relations
  2. 2. Press releaseNotes to editorsSantander UK plc is a full-service retail and commercial bank providing services to 25million customers, with more than 1,400 branches and around 4,200 cash machines. Itis a wholly owned subsidiary of Banco Santander. Santander UK plc is autonomousfrom its parent in terms of capital and liquidity, raising its own funds to run its business.Over 95% of the assets on Santander UK plc’s balance sheet are UK based, and it issubject to full supervision of the Financial Services Authority (FSA) in the UK.Santander UK plc customers are protected by the Financial Services CompensationScheme (FSCS) in the UK.Banco Santander (SAN.MC, STD.N, BNC.LN) is a retail and commercial bank, basedin Spain, with a presence in 10 main markets. Santander is the largest bank in the eurozone and tenth in the world by market capitalization. Founded in 1857, Santander hadEUR 1,374 billion in managed funds, more than 100 million customers, 14,679 branches– more than any other international bank – and 190,000 employees at the close of June2011. It is the largest financial group in Spain and Latin America. Furthermore, it hassignificant positions in the United Kingdom, Portugal, Germany, Poland and the U.S.northeast. Santander Consumer Finance operates in the Group’s core markets as wellas in the Nordic region. In the first half of 2011, Grupo Santander registered €3,501million in net attributable profit.Media EnquiriesAndy Smith Tel: 020 7756 4212 Mobile: 07824 473 338Anthony Frost Tel: 020 7756 5536 Mobile: 07979 245 715The press office operates from 8.00am to 6.00pm. Outside of these hours pleasecall 0800 5877708.Media Relations

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