Resimac

Thursday, 30 July 2020

Resimac considering New Zealand RMBS deal

On 31 July, Resimac mandated BNZ and Westpac New Zealand to sound investors for a potential New Zealand dollar residential mortgage-backed securities (RMBS) deal from its Versailles programme.

Monday, 27 July 2020

Securitisation demand remains solid for Resimac’s RMBS return

Resimac issued its second residential mortgage-backed securities (RMBS) deal since mid-March, this time from its Bastille nonconforming programme, on 23 July. The borrower says investor support, particularly from offshore, is promoting solid market conditions.

Monday, 20 July 2020

Resimac launches Bastille 2020-1NC RMBS deal

On 20 July, Resimac launched its residential mortgage-backed securities (RMBS) deal, Bastille Trust Series 2020-1NC. Indicative total volume for the transaction is A$500 million (US$349.3 million), with the potential to upsize to A$1 billion. Macquarie Bank and National Australia Bank are co-arrangers and joint lead managers alongside Commonwealth Bank of Australia, Deutsche Bank and Wells Fargo Securities.

Thursday, 16 July 2020

Resimac taking indications of interest for Bastille 2020-1NC RMBS deal

On 16 July, Resimac began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, Bastille Trust Series 2020-1NC. Indicative total volume for the transaction is A$500 million (US$349.9 million), with the potential to upsize to A$1 billion. Macquarie Bank and National Australia Bank are co-arrangers and joint lead managers alongside Commonwealth Bank of Australia, Deutsche Bank and Wells Fargo Securities.

Monday, 06 July 2020

Resimac adds lead managers to its Bastille RMBS deal

On 6 July, Resimac added Commonwealth Bank of Australia, Deutsche Bank and Wells Fargo Securities to its joint lead manager panel for its potential non-conforming residential mortgage-backed securities (RMBS) deal from its Bastille programme.

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