Deal and ratings review, week ending 24 March 2017

The Australian securitisation market moved a step closer to master-trust issuance during the third week of March as price guidance was revealed on the first notes to be issued by Latitude Australia Credit Card Loan Note Trust. Elsewhere, Sumitomo Mitsui Financial Group issued A$1 billion (US$761 million) of SEC-registered, total loss absorbing capacity-eligible notes and Pepper Australia upsized its latest residential mortgage-backed securities deal to A$900 million.