Pepper has to educate to refi US notes

Matthew Scully

July 10, 2014 04:30 pm

Aussie RMBS 230x — The Sydney Opera House sails and the Sydney Harbour Bridge pylons are turned red as part of the "RED" campaign against AIDS in Sydney, Australia, Tuesday, Nov. 30, 2010. The Sydney Opera House sails and the Sydney Harbour Bridge pylons where the first of more than 80 iconic landmarks across 13 countries used to help promote awareness of the ongoing fight against the AIDS epidemic by turning red to mark World AIDS Day slated for December 1. (AP Photo/Jeremy Piper) | Jeremy Piper/AP/Press Association Images

Pepper Australia is appealing to US money funds to refinance an RMBS it issued last year but an apparent lack of familiarity with the foreign asset class is forcing syndicators to spend extra time educating prospective buyers.

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Matthew Scully