Presale Report
NewDay Funding Master Issuer Plc – Series 2025-1
Wed 19 Mar, 2025 - 7:21 AM ET
The series 2025-1 notes issued by NewDay Funding Master Issuer Plc are collateralised by a pool of non-prime UK credit card receivables originated by NewDay Limited (NewDay). NewDay is one of the largest specialist credit card companies in the UK and offers cards both under its own brands and in partnership with individual retailers. Only the NewDay-branded cards, which are targeted at higher-risk borrowers on average, are included in this transaction. The cards co-branded with retailers are financed through a separate securitisation.
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