Kensington has issued close to £11.6 billion of public bonds in the last 5.5 years through 21 transactions secured on legacy and new originations (of which £10.1bn are placed bonds)
The Kensington Difference
Kensington has established securitisation platforms for the issuance of notes secured on both prime and legacy mortgages.
Finsbury Square (FSQ)
Finsbury Square (FSQ) is the established program to securitise Kensington’s recently originated Buy-to-let and Owner Occupied prime originations. Kensington has issued 9 transactions through this platform since 2015.Learn More
Gemgarto (GMG) is Kensington’s program to issue deals that are structured in a manner to comply with the requirements for simple, transparent and standardised securitisation transactions as set out in the Securitisation Regulation and LCR.Learn more
Residential Mortgage Securities (RMS)
Residential Mortgage Securities (RMS) is the program used to securitise pre-2010 loans originated by Kensington or acquired by the Group. Kensington has issued 4 deals through this platform since 2015.Learn more
Trinity Square (TRINI)
Trinity Square (TRINI) is the program that Kensington uses to securitise pre-2010 loans acquired from GE Money in 2015. Kensington has issued 2 deals through
this platform in 2015 and 2016.