Full pricing details on Pepper's first multicurrency, nonconforming RMBS of 2015 [UPDATED]
- Wednesday, 10 June 2015
Pepper Australia priced its first nonconforming residential mortgage-backed securities (RMBS) deal of 2015, on June 5. The transaction – Pepper Residential Securities Trust No.14 – is denominated in US dollars and Australian dollars for a combined equivalent volume of A$550 million (US$423.0 million) across 10 tranches.
