Skip to main content
Bendigo and Adelaide Bank logo.
CommunityMedia centreCareersContact us

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

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.

Disclaimer and Terms of Use

The material on this site (this page and other pages accessed through this page) is restricted to persons who are "wholesale clients" within the meaning of section 761G of the Corporations Act 2001 (Cth) (Corporations Act). If you are a "retail client" within the meaning of section 761G of the Corporations Act (e.g. you are not a professional investor in securities) or we would be required to provide you with a regulated offer document in relation to any offer that we may make to you, you should not access this site.

Bendigo and Adelaide Bank Limited does not warrant or represent that the information on this site is free from errors or omissions. To the maximum extent permitted by law, neither the Bendigo and Adelaide Bank Group nor its directors, employees, agents or advisers (Associated Persons) accepts any liability whatsoever for any loss (including, without limitation, any liability arising from any fault or negligence on the part of the Group or its respective Associated Persons) arising from the use of material accessible from this site or otherwise arising in connection with the material on this site. This site will not form the basis of any contract or commitment whatsoever. No sale of any securities described on this site will occur in any jurisdiction in which such offer, invitation, inducement, solicitation, recommendation or sale would be unlawful.

The information on this site:

  • Does not constitute and is not intended to constitute an offer or invitation in relation to the issue, sale or purchase of any securities or financial products as those terms are used in the Corporations Act including but not limited to shares in the capital of Bendigo and Adelaide Bank Limited;
  • Does not constitute an offer of securities for sale in the United States. Any securities may not be offered or sold in the United States unless registered or if made under an exemption from registration under the Securities Act of 1933, as amended (the “Securities Act”). No securities are registered under the Securities Act or any U.S. state securities laws; and
  • Is not intended to be general or specific securities or financial product advice or a recommendation. The information does not take into account the investment objectives, financial situation and particular needs of any particular investor. Before making an investment decision on the basis of the information, you should consider whether it is appropriate in light of your particular investment needs, objectives and financial circumstances. We recommend that you consult with your professional advisers before making any form of investment; and
  • With regard to access to the Prospectus, the information on this page is without prejudice to Article 21(4) of Regulation (EU) 2017/1129 (the Prospectus Regulation).
  • You are not a "U.S. person" (as defined in Regulation S under the United States Securities Act of 1933, as amended ("US Securities Act")) nor are you acting for the account or benefit of a "U.S. person";
  • You and each person on whose account you are acting acknowledge that the securities described in the Prospectus and on the following pages have not been, and will not be, registered under the US Securities Act or the securities laws of any state or other jurisdiction in the United States and accordingly, the securities may not be offered, sold or otherwise transferred in the United States except in accordance with an available exemption from such regulation;

Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

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 2024 Bendigo and Adelaide Bank