Resimac Prices A$1bn in Diverse RMBS Offering

Resimac Group Limited (AU:RMC) has released an update.

Resimac Group Ltd has successfully priced a A$1 billion non-conforming Residential Mortgage-Backed Securities offering, marking its fourth public bond issuance in 2024. The offering includes a UK Sterling tranche, enhancing the company’s global funding strategy. Jointly arranged by Deutsche Bank and National Australia Bank, the bonds come with varying maturities and credit support levels, catering to diverse investor preferences.

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