Specialist finance source for the self-employed, RedZed Lending Solutions Pty Limited, successfully priced a A$375 million residential mortgage-backed securitisation yesterday.The transaction was the company's first for 2018 and its sixth securitisation deal overall. The company's total issuance in this market sits at just under $1.5 billion. The transaction, to be known as the RedZed Trust Series 2018-1, represents its largest issuance to date, with strong demand across the capital structure. A total of 13 investors participated in this transaction, according to Ernest Biasi, executive director debt markets securitisation at Commonwealth Bank of Australia. CBA was the arranger and is a joint lead manager, working alongside."The mezzanine notes saw particularly strong interest, which is consistent with the 2018 theme, where investors have been searching for yield," said Jonathan Mintz, a director in the National Australia Bank, which has had to deal with securitisation originations, capital financing at (joint lead manager.Moody's and Fitch have each assigned preliminary ratings to the various tranches of notes. The $50 million Class A-1S Notes, the $175 million Class A-1L Notes and the $88.1 million Class A-2 Notes are all rated Aaa(sf)/AAAsf. The $32.25 million Class B Notes, the $6.375 million Class C Notes, the $7.125 million Class D Notes, the $6.0m million Class E Notes and the $3.375 million Class F Notes were assigned preliminary ratings of Aa2(sf), A2(sf), Baa2(sf), Ba2(sf) and B2(sf), respectively, with the offering completed by $6.75 million of unrated Class G-1 and G-2 notes.The transaction is due to settle on 20 September 2018.