Aussie Lender Prices ABS

16 Jul 2010

Capital Finance Australia has priced it’s A$500 million ($440 million) asset-backed securities offer at 165 basis points above the bank lending rate, five basis points lower than expected, according to JPMorgan Chase and National Australia Bank, the joint managers on the deal.

Capital Finance Australia has priced it’s A$500 million ($440 million) asset-backed securities offer at 165 basis points above the bank lending rate, five basis points lower than expected, according to JPMorgan Chase and National Australia Bank, the joint managers on the deal. The loans for the deal known ...

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