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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

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