Debt Capital Markets

• Ian Rogers

A human-centric credit process will remain a hallmark of RedZed’s business as it shifts its risk appetite toward much higher value lends. read more

• John Kavanagh

ASIC chief executive Warren Day is leaving the regulator to join the Commonwealth DPP. read more

• Ian Rogers

Banks may be encouraged to pilot 'tracker mortgages' if the government takes up a proposal from the House of Representatives Economics Committee. read more

• Banking Day staff

CreditorWatch’s latest Business Risk Index reports a 48 per cent increase in B2B trade payment defaults over the 12 months to February read more

• John Kavanagh

The Australian Business Securitisation Fund has made its latest investment, committing A$225 million to a warehouse facility sponsored by SME lender Dynamoney. read more

• John Kavanagh

Investors continue to shrug off rising home loan arrears, subscribing for mortgage securities at narrower margins since the start of the year. read more

• John Kavanagh

The pricing of non-bank issues of residential mortgage-backed securities has tightened since the start of the year, as strong demand for locally issued RMBS and ABS continues. read more

• John Kavanagh

ANZ has launched an issue of additional tier 1 securities, seeking A$1 billion or more and with pricing of the hybrids expected to be in a range between 290 and 310 basis points over the bank bill swa.. read more

• John Kavanagh

Activity in Australia’s private debt market slowed markedly in 2023, with growth of 7 per cent in assets – down from 32 per cent in the previous year. read more

• John Kavanagh

Gryphon Capital Investments has launched a A$97.3 million capital raising for its listed securitised asset fund, Gryphon Capital Investment Trust, saying it sees an opportunity to diversify the portfo.. read more

• John Kavanagh

Consumer lender Plenti Group has priced a A$375 million issue of asset-backed securities that includes a climate bond certified tranche, with a bigger deal size and tighter margin than its previous gr.. read more

• John Kavanagh

Westpac raised A$2.75 billion through an issue of residential mortgage-backed securities, WST 2024-1, upsizing the transaction from $750 million at launch and paying 105 basis points over the one-mont.. read more

• George Lekakis

Equity release lender Household Capital is planning a A$1 billion securitisation program to help fund surging demand from retirees for its reverse mortgage products. read more

• John Kavanagh

Westpac has completed the bookbuild for its latest issue of additional tier 1 securities, pricing the issue at a wider margin than the margins on recent issues by NAB and ANZ. read more

• Bernard Kellerman

Issuance of securitisation deals backed by car loans is set to evolve further, with investors likely to see more frequent – and larger – transactions on offer.  read more

• Bernard Kellerman

The message for attendees at the ASF Conference in Sydney is that despite the tightening of financial conditions, securitisation issuance remains resilient. read more

• John Kavanagh

The very strong growth in the issuance of asset-backed securities, and one of the questions up for discussion at yesterday’s Australian Securitisation Forum annual conference was whether ABS issuers c.. read more

Commonwealth Bank has sold its Indonesian subsidiary PT Bank Commonwealth to PT Bank OCBC NISP Tbk. read more

• John Kavanagh

The pricing of prime non-bank mortgage-backed securities remains steady, as strong demand for Australian RMBS has underpinned healthy issuance this year.   read more

• John Kavanagh

Securitisation transactions over the past month show there is plenty of investor support for the shift in focus among non-bank lenders to areas such as non-prime mortgage lending, asset finance and pr.. read more