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
Please see below for details.
Summary of notes
| Issue Date | 17 June 2017 |
| Issuance Volume | AUD 400,000,000 |
| Monthly Distribution Date | 17th of Each Month or Next Business Day |
Security type: Class A
| Amount | AUD 368,000,000 |
| Coupon Details | BBSW1M + 113bps |
| Initial Rating | 'AAA(sf') S&P, 'AAAsf' Fitch |
| ISIN | AU3FN0036463 |
Security type: Class AB
| Amount | AUD 12,800,000 |
| Coupon Details | BBSW1M + 210bps |
| Initial Rating | 'AAA(sf') S&P, 'AAAsf' Fitch |
| ISIN | AU3FN0036471 |
Security type: Class B
| Amount | AUD 7,400,000 |
| Coupon Details | BBSW1M + 265bps |
| Initial Rating | 'AA(sf)' S&P |
| ISIN | AU3FN0036489 |
Security type: Class C
| Amount | AUD 5,800,000 |
| Coupon Details | BBSW1M + 340bps |
| Initial Rating | 'A(sf)' S&P |
| ISIN | AU3FN0036497 |
Security type: Class D
| Amount | AUD 2,600,000 |
| Coupon Details | BBSW1M + 425bps |
| Initial Rating | BBB(sf) S&P |
| ISIN | AU3FN0036505 |
Security type: Class E
| Amount | AUD 3,400,000 |
| Coupon Details | BBSW1M + 625bps |
| Initial Rating | Unrated |
| ISIN | AU3FN0036513 |
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