ABN Amro recently launched Australia's first securitization backed by operating cash flows from nursing homes.

The A$128 million (US$81.5 million) transaction consists of A$93.6 million fixed-rate senior annuity bonds and A$34.3 million fixed-rate subordinated bonds, both with maturities of October 12, 2027, and rated double-A and triple-B-plus respectively by Standard & Poor's.

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