Equifinance has closed its second public securitisation, issuing East One 2025-1 backed by about £260m of second charge residential assets.
The transaction was oversubscribed with around 20 global investors taking part, and priced tighter than the company’s first deal in 2024.
Chris Payne (pictured), chief financial officer at Equifinance, said: “We are delighted to have closed our second securitisation.
“The pricing and level of investor participation for the issuance demonstrates the quality of assets we continue to generate at Equifinance.
“The East One 2025-1 transaction represents a significant step in the company’s strategy of becoming a programmatic RMBS issuer.”
