Latest News
Refine news
New York Life Global Funding printed a debut funding-agreement-backed Kangaroo deal on 31 August, with investor diversification top of its agenda in coming to the Australian market. The borrower tells KangaNews it is eager to become a regular issuer in Australia.
Fulfilling the promise hinted at in 2019 but put on hold while the local lending market worked its way through the consequences of the pandemic, 2021 is now officially a record issuance year in the New Zealand securitisation market. Total year-to-date-issuance, of NZ$1.5 billion (US$1 billion), has ticked past the previous record and market participants are confident deal flow will continue despite the latest COVID-19 lockdown.