Bloomberg News

Lloyds Said to Plan Sale of U.K. Mortgage-Backed Securities

January 26, 2012

Jan. 26 (Bloomberg) -- Lloyds Banking Group Plc plans to sell U.K. mortgage-backed securities from its Arkle master issuer program, according to a banker with knowledge of the transaction.

Citigroup Inc. and JPMorgan Chase & Co. are managing the sale with Lloyds, the banker said.

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

To contact the editor responsible for this story: Andrew Reierson at areierson1@bloomberg.net


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