Bloomberg News

Santander Said to Hire Banks for Mortgage-Backed Bond Issue

January 09, 2012

Jan. 9 (Bloomberg) -- Santander U.K. Plc hired banks to manage a sale of mortgage-backed securities by Holmes Master Issuer Plc Series 2012-1, according to three investors with knowledge of the matter.

Banco Santander SA will manage the issue itself, along with Barclays Capital, Deutsche Bank and JPMorgan, said the investors. It will sell the bonds when market conditions allow, they said.

To contact the reporter on this story: Esteban Duarte in Madrid at eduarterubia@bloomberg.net

To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net


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