HSBC, Lloyds, Natixis back £255m Jerrold securitisation
HSBC, Lloyds Bank and French bank Natixis have participated in a £255m revolving securitisation programme backed by Jerrold Holdings’ portfolio of commercial property lending companies. The programme, named Lakeside Asset Backed Securitisation 1, will run until August 2018 and the funds will be used to back Manchester-based Jerrold’s commercial and residential property lending activities.
