ColCap Financial Limited and specialist lender Molo Tech Limited have completed the second securitisation in their Molossus programme, issuing Molossus BTL 2025-1, a £300m transaction following the successful debut deal in May 2024.
The securitisation includes £259m of UK buy-to-let mortgage assets originated through Molo across England and Wales, along with £41m of pre-funding.
The diversified mortgage pool attracted strong investor demand, signalling confidence in the asset quality and performance.
Tranches from Class A to F received ratings from both Fitch Ratings and S&P Global Ratings, with the AAA tranche pricing at 0.83% over SONIA.
The deal comes shortly after Fitch upgraded multiple classes in the earlier Molossus BTL 2024-1 issuance and removed all ratings from Under Criteria Observation.
ColCap Financial UK Limited will retain a 5% material net economic interest in the transaction.
Macquarie Bank and Standard Chartered Bank acted as co-arrangers, with Macquarie Bank, Standard Chartered Bank, Lloyds Bank and MUFG as joint lead managers.
ColCap Financial’s UK treasurer, Paolo Tanca, said: “This second securitisation reflects the disciplined management and robust performance of our mortgage portfolio.
“The strong investor participation and attractive pricing highlight the market’s confidence in our strategy”
ColCap Financial’s UK and Molo CEO, Matt Kimber, added: “This transaction is the result of consistent growth in the business across the last 12 months, during which we have attracted new warehouse partners, established a strategic lending partnership with a bank, and achieved record Molo originations.
“Our second securitisation delivers on our promise to become a programmatic RMBS issuer and sets us up for further growth in 2026.”
