Presale
Sage AR Funding No. 1 PLC: Presale Report
CMBSSummary
On 5 October 2020, DBRS Morningstar assigned provisional ratings to the notes to be issued by Sage AR Funding No. 1 PLC, the securitisation of a GBP 220 million floating-rate senior social housing backed loan advanced to Sage Borrower AR1 Limited. The senior loan is backed by 1,609 residential units located across England. For insight beyond the ratings, see the presale report.
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Contacts
Mirco Iacobucci
Senior Vice President, Sector Lead - European Commercial Real Estate Ratings
+(44) 20 7855 6653
mirco.iacobucci@morningstar.com- Dinesh Thapar
Vice President - European Commercial Real Estate Ratings
+(44) 20 3356 1533
dinesh.thapar@morningstar.com - Christian Aufsatz
Managing Director - European Structured Finance Ratings
+(44) 20 7855 6664
christian.aufsatz@morningstar.com