Preliminary ratings assigned to Columbus Capital nonresident RMBS deal

On 19 August, S&P Global Ratings assigned preliminary ratings to Columbus Capital's nonresident residential mortgage-backed securities (RMBS) deal, Vermilion Trust No. 1 Bond Series 2019-1 (Vermilion 2019-1). Indicative total volume for the transaction is A$250 million (US$169.6 million). Credit Suisse, MUFG Securities, Natixis, Standard Chartered and Westpac Institutional Bank were mandated for the transaction on 16 August.