London, 1 August 2022 – ARC Ratings (UK) Limited has marked the long-term public ratings of ‘AA(sf)’ assigned to Tranche C, ‘A(sf)’ assigned to Tranche D, ‘BBB(sf)’ assigned to Tranche E and ‘BB-(sf)’ assigned to Tranche F, all of the Credit Protection Deed provided by Red 2 Finance CLO 2018-1 DAC to Santander UK PLC, with stable outlook as paid in full (PIF).

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