Intu SGS Finance plans to issue an £350 million ($559M) worth of commercial mortgage backed securities from its financing program, according to a Standard & Poor’s presale.

The series 3 notes are the third issuance from the funding platform that Intu Properties PLC (Intu) established in 2013. To daet, the platform has issued £800 million via the series 1 and series 2 interest-only rated notes.  

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