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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09 Mar 2018

Non-bank makes $600m securities issue (Broker News)

Non-bank lender Firstmac said last Friday that it has completed a $600m residential mortgage backed securities issue, bringing the total amount of RMBS it has issued to more than $20bn since 2003.
 

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