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.
- Supplemental Information Memorandum
- 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 A-R
| Amount | AUD 241,900,000.00 |
| Coupon Details | BBSW1M + 93bps |
| Initial Rating | ‘AAA(sf) S&P, “AAA” Fitch sf |
| ISIN | AU3FN0092516 |
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 |
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