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.
- Information Memorandum
- Note and Portfolio Balance
- Investor Report
- Risk Retention - EU Securitisation Regulation
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 |
View other TORRENS programmes
Additional information
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