Macquarie Securitisation (Macquarie) has priced a A$1.2 billion (US$1.11 billion) privately placed residential mortgage-backed securities (RMBS) deal – PUMA Masterfund S-8 – as an agreed restructure of an externally provided mortgage warehouse facility. Some 54 per cent of the deal's pool is represented by full documentation mortgages with the balance low doc loans.

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