UKML shareholder consultation continues

Category: ABS CDO CLOs

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Sector developments and company hires

UKML shareholder consultation continues
The board of UK Mortgages (UKML) has completed the strategic review that it commenced following the withdrawal of proposals by M&G Investment Management (MAGIM) (SCI 14 August). The review has identified two potential options that will provide a clear path to the company’s objectives of enhanced liquidity, as well as a narrowing and removal of the discount at which UKML shares trade versus UKML’s NAV.

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