EuroABS are delighted to announce they have been selected as the official data repository under Article 7.2 of the Securitisation Regulation and the official liabilities model provider for the first ever UK public STS transaction from Nationwide Building Society.
Darren Nesbitt, COO of EuroABS said "We are pleased Nationwide have entusted EuroABS with the first UK RMBS transaction that has looked to achieve STS status under the new Securitisation Regulation. Nationwide have set a clear pathway for other issuers to follow for STS and also the important move to SONIA-linked issuance. EuroABS are delighted to have been given a number of roles within this transaction."
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