ING
ING holds the line on Australian ambitions
The events of 2020 could have tested ING Bank’s commitment to building its wholesale balance sheet in Australia. Instead, says Charles Ho, the bank’s Sydney-based managing director and head of wholesale banking, it has used its sectoral expertise and strong local retail brand to grow its exposure – and prepare for a further expansion of debt-market coverage.
ING prints A$1.25 billion dual-tranche senior bond
ING launches three-year senior-unsecured deal
ING marketing three-year senior bond
Securitisation demand supports record deal size from Athena
Demand for Australian dollar securitisation in early 2024 allowed Athena to print its largest-ever volume in its return to residential mortgage-backed securities issuance. Athena says the origination environment is “still very competitive” but it remains comfortable in its own book growth: it expects to hit a target settlement volume of A$2.5 billion this year, facilitating this scale of capital markets issuance.