The document outlines a financial deal involving the acquisition of a £6.2 billion portfolio of high-quality buy-to-let mortgages on UK residential properties from CHL. The acquisition price is discussed at a 30% discount, amounting to £4.3 billion. The document details the financial returns, loan-to-value ratios, and financing strategies, including traditional and new approaches. The objective is to finance 100% of the acquisition cost and leverage the residual discount as the main profit driver. The document also discusses the need for equity representation and a budget for initial due diligence.
documents/EFTA00657017.pdf
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