Pepper taking indications of interest for PRS 28 RMBS deal
- Friday, 06 November 2020
On 6 November, Pepper Group began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, PRS 28. Total capped volume for the transaction is A$750 million (US$544 million) and is expected to launch in the week beginning 9 November. National Australia Bank is arranger and joint lead manager alongside Commonwealth Bank of Australia, Macquarie Bank and Westpac Institutional Bank.
nonbank Yearbook 2020
KangaNews's fourth annual guide to the business and funding trends in Australia's nonbank financial-institution sector.
WOMEN IN CAPITAL MARKETS Yearbook 2020
KangaNews's first-ever yearbook amplifying female voices in the Australian capital market.
investing with impact Yearbook 2019
KangaNews is proud to share cutting-edge information from the global and Australasian sustainable debt market.
Related news
Reflect and reposition
After hopefully overcoming the worst of the COVID-19 pandemic, the Australian securitisation industry is taking stock of a period of resilience and a reshaped competitive landscape. Top of mind for market participants are the way crisis response has changed the cost of funding unevenly for different issuer types and mooted changes to responsible-lending rules.
Metro Finance launches 2020-2 ABS deal
On 10 December, Metro Finance launched its auto and equipment asset-backed securities (ABS) transaction, Metro 2020-2. Indicative total volume for the deal is A$300 million (US$223.2 million), with the ability to increase to A$400 million, and is expected to price on the day after launch. National Australia Bank is arranger and lead manager alongside Deutsche Bank.