Issuer

Wetherby Securities 2017 Limited

CMBS

Some content is not available to unregistered visitors. Please

click here to login or register a free account.

Summary

The transaction is a synthetic balance-sheet commercial mortgage-backed securities transaction structured in the form of a financial guarantee. Lloyds (Originator, Servicer and Beneficiary) bought protection under a junior financial guarantee (JFG) for the first loss piece (FLP) from Wetherby Securities 2017 Limited but has not executed the contracts relating to the senior tranches (senior financial guarantee, SFG).

Related Documents