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.

The roadshow for the RMBS issue was the first to be done entirely online, as COVID-19 travel restrictions made the usual face-to-face meetings throughout Europe, Asia, and the US impossible.

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31 Jan 2017

‘Market-leading’ loan option launched for investors

Non-bank lender has announced a large rate reduction in its loan offering for investors.

Firstmac have launched an Investor Package, with rates starting at 3.79 per cent for investors who bring both their investment loan and their home loan to the company.

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