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TORRENS Series 2017-1 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 March 2017
Issuance Volume AUD 850,000,000
Monthly Distribution Date 17th of Each Month or Next Business Day

Security type: Class A1

Amount AUD 782,000,000
Coupon Details BBSW1M + 113bps
Initial Rating ‘Aaa(sf’) Moodys, ‘AAAsf’ Fitch
ISIN AU3FN0034823

Security type: Class A2

Amount AUD 28,050,000
Coupon Details BBSW1M + 157bps
Initial Rating ‘AAAsf’ Fitch
ISIN AU3FN0034831

Security type: Class AB

Amount AUD 17,850,000
Coupon Details BBSW1M + 200bps
Initial Rating ‘AAAsf’ Fitch
ISIN AU3FN0034849

Security type: Class B

Amount AUD 11,900,000
Coupon Details BBSW1M + 250bps
Initial Rating ‘AAsf’ Fitch
ISIN AU3FN0034856

Security type: Class C

Amount AUD 5,950,000
Coupon Details BBSW1M + 325bps
Initial Rating ‘Asf’ Fitch
ISIN AU3FN0034864

Security type: Class D

Amount AUD 4,250,000
Coupon Details BBSW1M + 600bps
Initial Rating Unrated
ISIN AU3FN0034872

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