Utilities bid remains strong as Endeavour Energy makes domestic debut
In the wake of Endeavour Energy Group (Endeavour Energy)’s A$350 million (US$265.7 million) domestic debut, issuer and intermediaries say the deal ticked the boxes for an issuer with a careful focus on volume and price. The emphasis was also on achieving the support of a broad spectrum of investors.
KangaNews Awards 2017: winners announced
KangaNews is proud to present the winners of the institutional and deal categories in the KangaNews Awards 2017. After an extensive voting and verification process, KangaNews can confidently say its results reflect a true market view on the outstanding performers of 2017 in the Australian and New Zealand debt markets.
AOFM lines up next RMBS divestment auction
The Australian Office of Financial Management (AOFM) disclosed on 29 November that its next auction of residential mortgage-backed securities (RMBS) holdings will take place on 14 December. The auction will be for five lines of RMBS notes and a Westpac Institutional Bank (Westpac) research note says the cash value of the paper on offer is A$444.1 million (US$336.9 million).
RedZed looks to the future after latest RMBS deal
In the wake of its second residential mortgage-backed securities (RMBS) transaction of 2017, Evan Dwyer, managing director at RedZed Lending Solutions (RedZed) in Melbourne, gives KangaNews an issuer update as book growth makes the company a more frequent visitor to the securitisation market.
Finding, and funding, the green mortgage
The prominence of the residential sector within Australia’s economy and financial markets makes the mortgage a fascinating prospect for sustainable investment evolution. At the Australian Securitisation Forum’s annual conference on 21 November, two market participants closely connected with the development of the local sustainable debt market discussed the prospects for investable green mortgages.