Firstmac finds its deepest-ever investor base in new deal (Kanga News)
02 July 2020
Firstmac’s immediate liquidity needs are now met, allowing it to focus on retaking prime mortgage market share from the major banks.
The transaction is the issuer’s first since a A$1 billion deal on 27 March which came at the depths of the COVID-19 crisis and was the first to be supported by the Australian Office of Financial Management (AOFM)’s Structured Finance Support Fund.
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