CUA has expected ratings assigned to RMBS deal

On 26 September, S&P Global Ratings assigned preliminary ratings to Credit Union Australia (CUA)'s proposed residential mortgage-backed securities (RMBS) deal, Series 2018-1 Harvey Trust. Fitch Ratings assigned its expected ratings on the previous day. CUA mandated ANZ, Macquarie Bank, National Australia Bank and Westpac Institutional Bank for the potential transaction on 10 September.