Securitisation flow continues with RMBS refinancing deal launching
- Wednesday, 21 September 2011
Preliminary ratings on a new residential mortgage-backed securities (RMBS) issue from Columbus Capital (Columbus) have been assigned, with the forthcoming issue having an indicative size of A$110 million (US$112.9 million). The proceeds of the transaction are set to redeem existing notes issued by Columbus in July 2008 at a volume of A$208 million.