Loanworks Lending starts marketing Blackwattle 2021-1 RMBS

Sintex Consolidated, trading as Loanworks Lending, began taking indications of interest for its residential mortgage-backed securities (RMBS) deal, Blackwattle Series RMBS Trust 2021-1. Indicative total volume for the transaction is A$200 million (US$154.6 million), with the ability to upsize to A$300 million, and is expected to launch in the week beginning 26 April. Westpac Institutional Bank is arranger and lead manager.