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 & Japanese Capital Requirement
Please see below for details.
Summary of notes
| Issue Date | 22 November 2019 |
| Issuance Volume | AUD 1,000,000,000.00 |
| Monthly Distribution Date | 15th Day of Each Month or Next Business Day |
Security type: Class A
| Amount | AUD 920,000,000.00 |
| Coupon Details | BBSW1M + 105bps |
| Initial Rating | "AAA(sf)" S&P, "AAA" Fitch sf |
| ISIN | AU3FN0051223 |
Security type: Class AB
| Amount | AUD 43,000,000.00 |
| Coupon Details | BBSW1M + 150bps |
| Initial Rating | "AAA(sf)" S&P, "AAA" Fitch sf |
| ISIN | AU3FN0051280 |
Security type: Class B
| Amount | AUD 14,500,000.00 |
| Coupon Details | BBSW1M + 175bps |
| Initial Rating | "AA(sf)" S&P |
| ISIN | AU3FN0051231 |
Security type: Class C
| Amount | AUD 10,500,000.00 |
| Coupon Details | BBSW1M + 240bps |
| Initial Rating | "A(sf)" S&P |
| ISIN | AU3FN0051249 |
Security type: Class D
| Amount | AUD 5,000,000.00 |
| Coupon Details | BBSW1M + 300bps |
| Initial Rating | "BBB(sf)" S&P |
| ISIN | AU3FN0051256 |
Security type: Class E
| Amount | AUD 7,000,000.00 |
| Coupon Details | BBSW1M + 575bps |
| Initial Rating | Not Rated |
| ISIN | AU3FN0051264 |
View other TORRENS programmes
Additional information
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.