Liberty starts marketing RMBS deal

On 16 May, Liberty Financial (Liberty) began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, Liberty Series 2019-2. The potential deal has indicative total volume of A$500 million (US$346.1 million) and is expected to launch in the week commencing 20 May. Westpac Institutional Bank is arranger for the transaction and joint lead manager alongside Bank of America Merrill Lynch, Commonwealth Bank of Australia, Deutsche Bank and National Australia Bank.