Triton 2017-1 RMBS progresses to launch

On 19 June, Columbus Capital (Columbus) launched its latest Australian dollar-denominated residential mortgage-backed securities (RMBS) deal, Triton 2017-1. The transaction’s indicative volume is A$350 million (US$266.3 million) although joint lead managers Credit Suisse, National Australia Bank and Westpac Institutional Bank add that there is the potential to upsize to A$500 million “subject to demand and final pricing”.