Prospectuses are intended for professional institutional investors. TRUVERI curates and presents key deal information to highlight the verified professionals involved in each transaction. This content is for informational purposes only and does not constitute investment advice.
The information on this page has been extracted from the official prospectus using artificial intelligence (AI). Whilst TRUVERI makes every effort to ensure accuracy, the nature of large language models (LLMs) means that errors may occasionally occur during the extraction process. For definitive and legally binding information, please refer to the original prospectus. TRUVERI accepts no liability for any inaccuracies arising from the automated extraction process.
Final Securitised Pool
£508.0M
£507,997,529
Loan Count
1,968
Loans in the portfolio
WA LTV
57.42%
Weighted average loan-to-value
WA Seasoning
25.94m
Weighted average seasoning
Closing Date
26 March 2025
Step-Up Date
15 April 2029
First Call Date
15 April 2029
Final Maturity
15 January 2057
Interest Payment Dates
LEI
635400IHLPBPFA2IVG30
Registration No.
16002759
Listing Venue
Euronext Dublin
Governing Law
English law
This is a UK ABS transaction named Together Asset Backed Securitisation 2025-CRE-1 Plc, backed by a pool of residential, commercial, and mixed-use mortgage loans. The deal involves an initial issuance of notes and loan notes totaling £561.4 million, with a further issuance of Class A notes in June 2025. The collateral pool has a current principal balance of approximately £508 million, comprising 1,968 mortgage loans with a weighted average LTV of 57.42%.
Average loan size
£258.1K
WA interest rate
9.98%
Owner occupied
35.82%
Buy-to-let
53.9%
Fixed rate
49.05%
Variable rate
50.95%
Top region
North West: 17.09%
Collateral notes
Portfolio comprises Single Property Mortgage Loans and Multiple Property Mortgage Loans secured over residential, commercial and mixed-use properties located in England, Wales and Scotland.
Reference rate: Compounded Daily SONIA
| Class | Principal | Issue Price | Margin (bps) | Step-Up (bps) | Ratings | ISIN |
|---|---|---|---|---|---|---|
Loan NotesRetainedMonthly | £318,122,000 | — | +120 | +220 | | — |
Class A NotesMonthly | £204,788,907 | 100.163% | +120 | +220 | | XS3017277552 |
Class B NotesMonthly | £45,433,000 | 100% | +150 | +225 | | XS3017344410 |
Class C NotesMonthly | £15,666,000 | 100% | +180 | +270 | | XS3017344766 |
Class D NotesMonthly | £7,833,000 | 100% | +240 | +340 | | XS3017344840 |
Class X NotesMonthly | £39,167,000 | 100% | +340 | +340 | | XS3017344923 |
Class Z NotesMonthly | £26,115,000 | 100% | — | — | | XS3017345144 |
Residual CertificatesRetained | — | — | — | — | | XS3017346035 |
Final Maturity Dates
Origination
Issuer
Worked on this transaction?
Add to your recordRetention Holder
Worked on this transaction?
Add to your recordStructuring & Arrangement
Joint Lead Manager
Worked on this transaction?
Add to your recordJoint Lead Manager
LeadWorked on this transaction?
Add to your recordJoint Lead Manager
Worked on this transaction?
Add to your recordJoint Lead Manager
Worked on this transaction?
Add to your recordSwap Counterparty
Worked on this transaction?
Add to your recordSwap Counterparty
Worked on this transaction?
Add to your recordTrustees
Note Trustee
Worked on this transaction?
Add to your recordSecurity Trustee
Worked on this transaction?
Add to your recordLegal Advisors
Legal Counsel (Arranger)
Worked on this transaction?
Add to your recordLegal Counsel (Trustee)
Worked on this transaction?
Add to your recordOperations
Account Bank
Worked on this transaction?
Add to your recordCash Manager
Worked on this transaction?
Add to your recordCorporate Services Provider
Worked on this transaction?
Add to your recordProfessional Services
Auditor
Worked on this transaction?
Add to your record