La Trobe Financial launches LFCMT 2020-S1 RMBS deal

On 22 September, La Trobe Financial launched its residential mortgage-backed securities (RMBS) deal, LFCMT 2020-S1. Total capped volume for the transaction is A$500 million (US$360.7 million) and is expected to price on the day after launch. National Australia Bank is arranger and joint lead manager alongside Macquarie Bank and Westpac Institutional Bank.