Suncorp upsizes new RMBS issue to A$1.15 billion [UPDATED]
- Friday, 10 May 2013
Suncorp-Metway (Suncorp) priced a new residential mortgage-backed securities (RMBS) transaction on May 10. The deal, which was upsized to A$1.15 billion (US$1.16 billion) from an indicative A$750 million, follows the April placement by Suncorp of a A$750 million senior unsecured floating-rate note, also by the Suncorp Bank entity, and A$700 million of tier two notes out of Suncorp Group.
