Aussie Home Loans preps debut RMBS
Australian non-bank lender Aussie Home Loans is close to launching a debut residential mortgage-backed securitisation. But concerns about the sovereign debt crisis in Europe and decreased liquidity at home could delay the deal.
Aussie Home Loans is talking to investors about a benchmark-sized RMBS that could raise around A$500m ($521.9m).
The issuer is in the process of sounding out the market so the size hasnt really been decided, but its likely to be a benchmark issue, said a banker close to the
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