Skip to main content
CommunityMedia centreCareersContact us

TORRENS Series 2017-3 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 18 August 2017
Issuance Volume AUD 750,000,000
Monthly Distribution Date 14th of Each Month or Next Business Day

Security type: Class A

Amount AUD 690,000,000
Coupon Details BBSW1M + 103bps
Initial Rating 'AAA(sf') S&P, 'AAAsf' Fitch
ISIN AU3FN0037438

Security type: Class AB

Amount AUD 21,375,000
Coupon Details BBSW1M + 175bps
Initial Rating 'AAA(sf') S&P, 'AAAsf' Fitch
ISIN AU3FN0037446

Security type: Class B

Amount AUD 14,625,000
Coupon Details BBSW1M + 215bps
Initial Rating 'AA(sf)' S&P
ISIN AU3FN0037453

Security type: Class C

Amount AUD 11,250,000
Coupon Details BBSW1M + 310bps
Initial Rating 'A(sf)' S&P
ISIN AU3FN0037479

Security type: Class D

Amount AUD 5,625,000
Coupon Details BBSW1M + 400bps
Initial Rating BBB(sf) S&P
ISIN AU3FN0037461

Security type: Class E

Amount AUD 7,125,000
Coupon Details BBSW1M + 590bps
Initial Rating Unrated
ISIN AU3FN0037487

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.

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 2022 Bendigo and Adelaide Bank