Preliminary ratings assigned for AFG’s potential RMBS deal

On 13 March, S&P Global Ratings assigned preliminary ratings for eight classes of Australian Financial Group (AFG)’s potential residential mortgage-backed securities (RMBS) transaction, AFG 2019-1 Trust. Fitch Ratings assigned its expected ratings to the Class A1 and Class A2 notes of the deal on the same day. The transaction has indicative total volume of A$350 million (US$246.8 million).