Firstmac taking indications of interest for RMBS deal

On 20 September, Firstmac began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, Firstmac Series 3PP-2019. The transaction has indicative total volume of A$500 million (US$339.3 million), with an upsize possible, and is expected to launch in the week beginning 30 September. J.P. Morgan is arranger and joint lead manager alongside Westpac Institutional Bank.