Firstmac completes $1.3bn RMBS raising (Australian Broker)

Non-bank lender Firstmac Limited has announced its completion of a $1.3 billion RMBS raising, with over $2 billion in orders.

In a statement, Firstmac said that the issue was oversubscribed “from an early stage” and was supported by 31 institutions.

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29 Mar 2020

Firstmac CFO hails $1 billion 'miracle trade' (The Australian Financial Review)

James Austin, the chief financial officer of non-bank lender Firstmac, has hailed Friday's $1 billion mortgage bond sale as a "miracle trade" after the government's debt agency stepped in to support the transaction.

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