Columbus Capital launches Vermilion 2019-1 nonresident RMBS deal

On 28 August, Columbus Capital launched its 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 capped at A$250 million (US$168.9 million), with pricing expected on or before 30 August. Credit Suisse, MUFG Securities, Natixis, Standard Chartered and Westpac Institutional Bank are joint lead managers.