Skip to main content
CommunityMedia centreCareersContact us

TORRENS Series 2015-1 Trust

Securitisation forms an important part of the BEN's overall capital management and funding strategy. All potential securitisable loans are subject to an upfront due diligence that determines their securitisation status.

Please see below for details.

Summary of notes

Issue Date 17 June 2015
Issuance Volume AUD 500,000,000.00
Monthly Distribution Date 14th Day of Each Month or Next Business Day

Security type: Class A1

Amount AUD 460,000,000.00
Coupon Details BBSW1M + 92bps
Initial Rating "AAA" S&P, "Aaa" Moody's

Security type: Class A2

Amount AUD 11,750,000.00
Coupon Details BBSW1M + 99bps
Initial Rating "AAA" S&P

Security type: Class B

Amount AUD 17,500,000.00
Coupon Details BBSW1M + 230bps
Initial Rating "AA" S&P
ISIN AU3FN0027751

Security type: Class C

Amount AUD 6,750,000.00
Coupon Details BBSW1M + 285bps
Initial Rating "A" S&P
ISIN AU3FN0027769

Security type: Class D

Amount AUD 1,750,000.00
Coupon Details BBSW1M + 400bps
Initial Rating "BBB" S&P
ISIN AU3FN0027777

Security type: Class E

Amount AUD 2,250,000.00
Coupon Details BBSW1M + 625bps
Initial Rating Not rated
ISIN AU3FN0027785

Things you should know

By continuing to access, browse or use this web page from within Australia, you represent to Bendigo and Adelaide Bank Ltd and its affiliates that you are, or are accessing the Site as a representative of, a "wholesale client" and that neither you nor the entity you represent will directly or indirectly disseminate any content from this Site to "retail clients" within the meaning of section 761G of the Corporations Act 2001.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Information on this page can change without notice to you.
© Copyright 2022 Bendigo and Adelaide Bank