RedZed launches A$250 million RMBS transaction

On 28 November, RedZed Lending Solutions (RedZed) launched its second public residential mortgage-backed securities (RMBS) issue of 2017, RedZed Series 2017-2. The forthcoming deal has indicative volume of A$250 million (US$190.1 million) and is expected to price the day after launch, according to arranger National Australia Bank (NAB). Commonwealth Bank of Australia and NAB are joint lead managers.