Debt Capital Markets

• Bernard Kellerman

A couple of more unusual securitisation deals were finalised yesterday. Neither is notable for its absolute size, but these are both firsts in their more specialised patches of the lending landscape –.. read more

• Ian Rogers

Non-bank lender Resimac is on the hunt for a new permanent chief executive, following the resignation of Scott McWilliam as CEO after 21 years of service.     read more

• Bernard Kellerman

Australian non-bank lender Household Capital Pty Ltd has mandated Citi to market a potential AUD-denominated reverse mortgage securitisation deal. read more

• Ian Rogers

Pre-payments by banks ahead of the repayment deadline for the Term Funding Facility have been flowing through, with $30 billion repaid over the last 10 weeks. There is another $65 billion to go. read more

• John Kavanagh

AMP is committing $300 million in seed funding to its Alternative Debt Fund. read more

• John Kavanagh

Crooks behind fake term deposits scams and dodgy bond investments have upped their game, and consumers need to be even more wary. read more

• John Kavanagh

Perpetual has confirmed that it is negotiating to sell its corporate trust business, putting the biggest trustee in the Australian loan securitisation market on the block. read more

• 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