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MYSTATE LIMITED — Capital/Financing Update 2019
Aug 26, 2019
65395_rns_2019-08-26_bff0b84f-eeab-412e-8f40-f581545f0efa.pdf
Capital/Financing Update
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ASX and Media Release 27 August 2019
MyState Limited announces ConQuest Series 2019-2 Trust
Hobart, Tuesday, 27 August 2019: MyState Limited (ASX:MYS), the banking and wealth management group, announced today the marketing of MyState Bank Limited’s ConQuest Series 20192 Trust RMBS, under MyState’s ConQuest securitisation programme.
It is anticipated that securities with a value of AUD$400 million will be issued comprising of eight tranches. It is expected the senior tranche of securities will be rated AAA(sf) by Standard and Poors and Fitch Ratings.
The issue is backed by Australian prime residential mortgages originated by MyState Bank Limited.
National Australia Bank is the Sole Arranger on the transaction as well as Joint Lead Manager along with Macquarie Bank and Westpac.
ENDS
For further information, please contact:
David Harradine Chief Financial Officer MyState Limited +61 3 6215 9609 [email protected]
About MyState Limited
MyState Limited is the ASX-listed (MYS) non-operating holding company of the diversified financial services group consisting of MyState and Tasmanian Perpetual Trustees, a trustee and wealth management company. MyState Bank is regulated by the Australian Prudential Regulatory Authority. MyState Bank and Tasmanian Perpetual Trustees hold Australian Financial Services Licences issued by the Australian Securities and Investments Commission.
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