Resimac has expected ratings assigned to RMBS deal

On 26 May, S&P Global Ratings and Fitch Ratings assigned preliminary ratings to Resimac's proposed residential mortgage-backed securities (RMBS) deal, Resimac Triomphe Trust - Premier Series 2020-2. The deal has indicative total volume of A$500 million (US$329.7 million). Resimac mandated Deutsche Bank, J.P. Morgan, National Australia Bank, Standard Chartered and Westpac Institutional Bank as lead managers for the potential transaction on 22 May.