Slaughter and May advised Fosse Master Issuer on its issue of Notes

Slaughter and May advised Fosse Master Issuer plc in respect of the issue of US$500 million, US$300 million and £500 million 2015-1 Notes in three different classes under its Residential Mortgage-Backed Note Issuance Programme. The Notes were listed on the Main Securities Market of the Irish Stock Exchange and awarded the Prime Collateralised Securities Label by the PCS Secretariat.

Slaughter and May also advised Santander UK plc in its capacity as sponsor, seller, servicer, cash manager and originator under the Programme.