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TORRENS Series 2021-2 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 13 September 2021
Issuance Volume AUD 1,000,000,000.00
Monthly Distribution Date 9th Day of Each Month or Next Business Day

Security type: Class A

Amount AUD 920,000,000.00
Coupon Details BBSW1M + 55bps
Initial Rating "AAA" S&P, "AAA" Moody's
ISIN AU3FN0062014

Security type: Class AB

Amount AUD 38,500,000.00
Coupon Details BBSW1M + 95bps
Initial Rating "AAA" S&P
ISIN AU3FN0062022

Security type: Class B

Amount AUD 16,500,000.00
Coupon Details BBSW1M + 115bps
Initial Rating "AA" S&P
ISIN AU3FN0062030

Security type: Class C

Amount AUD 11,500,000.00
Coupon Details BBSW1M + 130bps
Initial Rating "A" S&P
ISIN AU3FN0062048

Security type: Class D

Amount AUD 5,300,000.00
Coupon Details BBSW1M + 195bps
Initial Rating "BBB" S&P
ISIN AU3FN0062055

Security type: Class E

Amount AUD 4,200,000.00
Coupon Details BBSW1M + 415bps
Initial Rating "BB" S&P
ISIN AU3FN0062063

Security type: Class F

Amount AUD 4,000,000.00
Coupon Details BBSW1M + 540bps
Initial Rating Not Rated
ISIN AU3FN0062071

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