CommBank taking indications of interest for Medallion 2015-2 refinancing

Thursday, 03 September 2020

On 3 September, Commonwealth Bank of Australia (CommBank) began taking indications of interest for the refinancing of the Class A1 notes from its Medallion 2015-2 residential mortgage-backed securities (RMBS) deal. The transaction is expected to launch in the week beginning 7 September.

Medallion 2015-2 Class A1-R initial price guidance and structure

Tranche	Indicative volume (A$m)	Expected ratings (S/F)	Weighted-average life (years)	Initial credit enhancement (per cent)	Indicative price guidance (bp/1m BBSW)
A1-R	555.8	AAA/AAA	2.9	16.07	90 area

Source: Commonwealth Bank of Australia 3 September 2020