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MA Financial Group’s MA Money Completes Record $700 Million RMBS Issuance

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MA Financial Group’s MA Money Completes Record $700 Million RMBS Issuance

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An announcement from MA Financial Group Limited ( (AU:MAF) ) is now available.

MA Financial Group’s residential mortgage lending business, MA Money, has achieved a milestone with its largest $700 million Residential Mortgage-Backed Securities (RMBS) issuance. This marks the largest inaugural Prime Borrower RMBS deal by a non-bank lender and is significant for being the tightest-priced since the pandemic. The transaction, which follows MA Money’s achievement of $2 billion in loans under management, underscores the company’s strategic global presence as a considerable portion of the trade was allocated to offshore investors.

More about MA Financial Group Limited

MA Financial Group is a global alternative asset manager specializing in private credit, real estate, and hospitality. The company lends to property, corporate, and specialty finance sectors while also offering corporate advice. It manages A$9.9 billion on behalf of clients and is responsible for A$128 billion in managed loans, with a presence in multiple countries including Australia, China, and the United States.

YTD Price Performance: 19.12%

Average Trading Volume: 213,601

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.26B

For an in-depth examination of MAF stock, go to TipRanks’ Stock Analysis page.

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