MyState Bank Launches AUD $300 Million RMBS
Released
Released
Announcement PDF
ASX and
Media
Release
27 October 2016
MyState Limited announces CONQUEST Series
2016-2 Trust
Hobart, Thursday, 27 October 2016: MyState Limited (ASX:MYS), the banking and wealth
management group, announced today the marketing of MyState Bank Limited’s fifth Residential
Mortgage Backed Securities issue, the CONQUEST Series 2016-2 Trust, under MyState’s
CONQUEST securitisation programme.
It is anticipated that securities with a value of up to AUD$300 million will be issued comprising of six
tranches. It is expected the senior tranche of securities will be rated AAA(sf) by Standard and Poors
and Fitch Ratings.
The issue is backed by Australian prime residential mortgages originated by MyState Bank Limited.
Westpac Institutional Bank is the Sole Arranger on the transaction as well as Joint Lead Manager
along with Commonwealth Bank of Australia and National Australia Bank.
ENDS
For further information, please contact:
David Harradine
Chief Financial Officer
MyState Limited
+61 3 6215 9609
david.harradine@mystatelimited.com.au
William McShane
Treasurer
MyState Limited
+61 3 6215 9554
william.mcshane@mystate.com.au
About MyState Limited
MyState Limited is the ASX-listed non-operating holding company of the diversified financial services
group consisting of MyState Bank (including The Rock – A division of MyState Bank) and Tasmanian
Perpetual Trustees, a trustee and wealth management company. MyState Bank is regulated by the
Australian Prudential Regulatory Authority. MyState Bank and Tasmanian Perpetual Trustees hold
Australian Financial Services Licences issued by the Australian Securities and Investments
Commission.
1
Share your feedback
Discover