La Trobe Financial has preliminary ratings assigned for potential RMBS deal

On 1 April, S&P Global Ratings assigned preliminary ratings to La Trobe Financial's proposed nonconforming residential mortgage-backed securities (RMBS) deal, La Trobe Financial Capital Markets Trust 2019-1. The issuer mandated Commonwealth Bank of Australia, HSBC, Macquarie Bank, National Australia Bank, Natixis and United Overseas Bank for the potential transaction on 13 March.