Citigroup plans to issue non-conforming, U.K. residential mortgage backed securities backed both by buy-to-let mortgages and non-conforming loans for owner-occupied properties.

DBRS and Standard & Poor’s have assigned preliminary ratings to the deal, Thrones 2014-1. The deal will be sized according to investor demand.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.