TORRENS Series 2015-1 Trust

Securitisation

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
ISIN	AU0000TNJHA0

Security type: Class A2

Amount	AUD 11,750,000.00
Coupon Details	BBSW1M + 99bps
Initial Rating	"AAA" S&P
ISIN	AU0000TNJHB8

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

View other TORRENS programmes

TORRENS Series 2013-1 Trust

TORRENS Series 2013-2 Trust

TORRENS Series 2014-1 Trust

TORRENS Series 2014-2 Trust

TORRENS Series 2016-1 Trust

TORRENS Series 2017-1 Trust

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