Mortgage Business
11 February 2021
The non-bank lender has announced the pricing of its $1.5-billion RMBS, its largest issuance to date.
Columbus Capital (ColCap) has announced the pricing of its $1.5-billion prime residential mortgage-backed security (RMBS), Triton 2021-1.
The transaction is the Australian market’s first RMBS in 2021 and represents ColCap’s largest issuance to date.
The prime lender said the RMBS had attracted strong local and international demand for the transaction, including from major banks and institutional investors, leading it to close oversubscribed.
It suggested that this reflects “continued investor confidence” in the high-quality asset portfolio underpinning the Triton RMBS program.