La Trobe Financial launches new RMBS deal

On 9 April, La Trobe Financial launched its new residential mortgage-backed securities (RMBS) deal, La Trobe Financial Capital Markets Trust 2019-1. The forthcoming transaction has indicative volume of A$500 million (US$356.3 million) and is expected to price on 11 April. Macquarie Bank is the arranger, as well as joint lead manager alongside Commonwealth Bank of Australia, HSBC, National Australia Bank, Natixis and United Overseas Bank.