Australia's most active issuer - Macquarie Securitisation - will launch this week the latest offering from its PUMA RMBS program. The company has hired its parent, Macquarie Bank, Citigroup Global Markets and Deutsche Bank as joint leads on the A$2.1 billion-equivalent ($1.6 billion) offering, with Royal Bank of Scotland co-manager on the U.S. dollar and euro tranches.

Macquarie will embark on European and U.S. roadshows from Nov. 6 to 15, with pricing expected soon afterwards. The deal is collateralized by a pool of prime mortgages, with no low-documentation loans included.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.