Friday, July 6, 2007

West Bromwich Building Society Plans $1.2 Billion of Mortgage-Backed Debt

(Bloomberg) -- West Bromwich Mortgage Company Ltd., a
unit of U.K. lender West Bromwich Building Society, plans to sell
575 million pounds ($1.15 billion) of bonds backed by home loans.

The bonds for the West Bromwich, England-based lender will
package buy-to-let loans, according to an e-mail from Barclays
Capital, which is managing the sale with Citigroup Inc.


Read more at Bloomberg Bonds News

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