Resimac Premier Series 2017-2 RMBS progresses to launch

On 24 July, Resimac launched its Australian dollar-denominated residential mortgage-backed securities (RMBS) transaction, Resimac Premier Series 2017-2. The forthcoming deal has an indicative volume of A$500 million (US$396.2 million) and it is expected to price on or before 28 July, according to the arranger National Australia Bank, and joint lead managers J.P. Morgan, Mizuho and Westpac Institutional Bank.