Avanti launches New Zealand RMBS deal
- Thursday, 07 June 2018
On 7 June, Avanti Finance launched its residential-mortgage backed securities (RMBS) transaction, Avanti RMBS 2018-1. The deal has an indicative volume of NZ$150 million (US$105.6 million) with the ability to upsize. Pricing is expected on or before 12 June, according to arranger and lead manager Westpac Banking Corporation, New Zealand Branch.
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