Pepper Group (Pepper) introduced US dollars to its I-Prime residential mortgage-backed securities (RMBS) programme with its latest transaction, I-Prime 2018-2. The issuer tells KangaNews the move is designed to continue to diversify its investor base, given the scale of its funding need.
investing with impact Yearbook 2017
KangaNews's first-ever supplement focusing on sustainability in the Australian fixed-income market.
nonbank Yearbook 2018
KangaNews's third annual guide to the business and funding trends in Australia's nonbank financial-institution sector.
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Nonbank capital-markets issuance history
Exclusive information from the KangaNews deal database covering capital-markets transactions by nonbank issuers profiled in the KangaNews Nonbank Yearbook 2018.
FlexiGroup's green shoots of growth
FlexiGroup offers a broad range of options to securitisation investors, including assets in Australia and New Zealand and a pioneering green issuance programme. Paul Jamieson, the firm’s Auckland-based group treasurer, and Bianca Spata, head of group funding in Sydney, update on developments.
Firstmac strikes its own path
Firstmac is an outlier in Australia’s nonbank sector thanks to its focus on prime mortgage lending and its expressed ambition to gain authorised deposit-taking institution (ADI) status. James Austin, chief financial officer at Firstmac in Brisbane, gives an update on the company’s strategic plan.
Avanti ready for action
New Zealand’s securitisation market could be set to proliferate as regulatory moves to kick-start a bank market progress. Mark Mountcastle, chief executive at Avanti Finance (Avanti) in Auckland, says the environment is also beneficial for nonbank lenders.