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TORRENS Series 2017-2(P) 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 2017
Issuance Volume AUD 400,000,000
Monthly Distribution Date 17th of Each Month or Next Business Day

Security type: Class A

Amount AUD 368,000,000
Coupon Details BBSW1M + 113bps
Initial Rating 'AAA(sf') S&P, 'AAAsf' Fitch
ISIN AU3FN0036463

Security type: Class AB

Amount AUD 12,800,000
Coupon Details BBSW1M + 210bps
Initial Rating 'AAA(sf') S&P, 'AAAsf' Fitch
ISIN AU3FN0036471

Security type: Class B

Amount AUD 7,400,000
Coupon Details BBSW1M + 265bps
Initial Rating 'AA(sf)' S&P
ISIN AU3FN0036489

Security type: Class C

Amount AUD 5,800,000
Coupon Details BBSW1M + 340bps
Initial Rating 'A(sf)' S&P
ISIN AU3FN0036497

Security type: Class D

Amount AUD 2,600,000
Coupon Details BBSW1M + 425bps
Initial Rating BBB(sf) S&P
ISIN AU3FN0036505

Security type: Class E

Amount AUD 3,400,000
Coupon Details BBSW1M + 625bps
Initial Rating Unrated
ISIN AU3FN0036513

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