Firstmac launches indicative A$1 billion RMBS deal
- Tuesday, 07 July 2020
On 7 July, Firstmac launched its residential mortgage-backed securities (RMBS) deal, Firstmac 2-2020. The forthcoming deal has indicative total volume of A$1 billion (US$700 million), with potential to upsize to A$1.3 billion, and is expected to price on 9 July. National Australia Bank is arranger for the deal, and joint lead manager alongside ANZ, J.P. Morgan, Standard Chartered and Westpac Institutional Bank.
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