National Australia Bank

Friday, 09 February 2018

Another deal dodges market upheaval as NAB debuts green RMBS in Australia

National Australia Bank (NAB)’s first capital-relief residential mortgage-backed securities (RMBS) deal to price since the financial crisis – and the first RMBS from any issuer in Australia to contain certified green notes – achieved oversubscription across its structure and tight-end-of-guidance pricing despite coming to market in a period of renewed equity-market volatility, the issuer says.

Wednesday, 21 February 2018

GPT Wholesale Shopping Centre Fund launches 10-year domestic deal

On 22 February, GPT Wholesale Shopping Centre Fund (A-/S&P) launched a minimum A$100 million (US$78 million) 10-year senior-unsecured domestic transaction. The forthcoming deal is being marketed at 160 basis points area over semi-quarterly swap. Pricing is expected on the day of launch, according to lead managers Commonwealth Bank of Australia and National Australia Bank.

Tuesday, 20 February 2018

GPT Wholesale Shopping Centre Fund plans 10-year domestic deal

On 21 February, GPT Wholesale Shopping Centre Fund (A-/S&P) revealed plans to engage investors for a potential 10-year senior-unsecured domestic deal. Indicative price guidance is 160 basis points area over semi-quarterly swap, according to lead managers Commonwealth Bank of Australia and National Australia Bank.

Tuesday, 20 February 2018

Pepper to meet nonconforming RMBS investors

On 21 February, Pepper Group (Pepper) disclosed plans to meet with investors regarding a possible nonconforming residential mortgage-backed securities (RMBS) transaction. Citi, Commonwealth Bank of Australia, National Australia Bank and Westpac Institutional Bank will arrange the meetings.

Tuesday, 13 February 2018

La Trobe Financial discloses plans to meet RMBS investors

On 14 February, La Trobe Financial revealed plans to meet domestic and offshore investors regarding a possible residential mortgage-backed securities (RMBS) transaction. The meetings, to be arranged by Commonwealth Bank of Australia, Macquarie Bank, National Australia Bank, Natixis and Westpac Institutional Bank, will commence on 26 February.

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