Firstmac launched its capped A$1 billion (US$705.1 million) equivalent prime residential mortgage-backed securities (RMBS) deal, Firstmac 2020-3, on 20 October. The deal is in Reg-S format and includes a senior Japanese yen tranche. Pricing is expected on 22 October, according to co-arrangers and joint lead managers, J.P. Morgan and National Australia Bank.
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