Loanworks Lending launches Blackwattle 2021-1 RMBS

On 28 April, Sintex Consolidated, trading as Loanworks Lending, launched its residential mortgage-backed securities (RMBS) deal, Blackwattle Series RMBS Trust 2021-1. Indicative total volume for the transaction is A$200 million (US$155.1 million), with the ability to upsize to A$300 million, and is expected to price on 30 April. Westpac Institutional Bank is arranger and lead manager.