Resimac Group Limited (AU:RMC) has released an update.
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Resimac Group Ltd. has successfully completed its second Residential Mortgage-Backed Security (RMBS) deal of 2024, settling a A$750 million prime RMBS transaction named ‘Resimac Premier Series 2024-1’. The offering attracted strong global investment interest, with the prime AAA-rated tranche pricing at 115 basis points above the 1-month BBSW, indicative of solid market support for Resimac’s growth plans in the year. National Australia Bank Limited, Deutsche Bank, and Westpac Banking Corporation played key roles as Co-Arranger and Joint Lead Managers in this financial move.
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