Heritage takes A$800 million in its first RMBS for five years [UPDATED]
- Tuesday, 05 July 2011
Heritage Building Society (Heritage) has issued a new A$800 million (US$857.1 million) residential mortgage-backed securities deal, which was upsized from a launch volume of A$500 million. This transaction was the second securitisation deal to launch inside a week, following an announcement of a forthcoming asset-backed securities deal by Investec Bank Australia.
