La Trobe Financial launches 2020-1 RMBS deal

On 11 May, La Trobe Financial launched its residential mortgage-backed securities (RMBS) deal, La Trobe Financial Capital Markets Trust 2020-1. Indicative total volume for the forthcoming deal, which is expected to price on the day after launch, is A$1.25 billion (US$817.1 million). Macquarie Bank is arranger and joint lead manager alongside Citi, Commonwealth Bank of Australia, HSBC, National Australia Bank and Natixis.