This article, published by KangaNews on Septermber 30, reports that between the last week of August and late September, 11 new public securitisation deals printed in the Australian market. It notes that market participants say stable pricing and competitive margins – particularly for senior notes – has drawn previously sidelined investors back to the market, including increased interest from offshore.
KangaNews reports that while total issuance volume is not quite matching 2021’s record pace it is not falling far short. Despite further shocks in the global rates market, Australian securitisation industry sources say pricing conditions have settled – albeit at a noticeably wider level – to the extent that investors are re-engaging with deals.
Read the full article >