Tower Bridge Funding 2024-3 PLC (TBF 2024-3) is an RMBS transaction that securitizes a portfolio of buy-to-let (BTL) and owner-occupied mortgage loans secured on properties in the U.K. At closing, the issuer prefunded the acquisition of an additional portfolio of approximately 19.0% of the total transaction size, which may be purchased before and up to the first interest payment date (IPD).
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