Members Equity returns to RMBS with A$673m issue

Australian lender Members Equity returned to the residential mortgage-backed securities (RMBS) market at the end of last week, raising A$673m ($613m) in a deal that won the support of both the government and private sector investors.

  • 08 Mar 2010
Credit Suisse, Macquarie Bank and Westpac Banking Corp priced the issue, which has a weighted average life of 2.6 years, at a spread of 135bp over the bank bill swap rate — in line with price guidance released early last week.

Members was initially targeting A$500m from the ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%