Barclays issues and retains £2.43bn UK CMBS

Barclays has securitised £2.43 billion of granular UK property loans to free up capital, with £1.82 billion rated triple AAA. Barclays declined to comment on the deal, Griffon Funding, but it is understood the issue is for treasury management purposes and will be substantially held by the bank rather than sold in the market.

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