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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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Pepper’s social RMBS goals focus on platform for product development
Australian nonbank lenders have long discussed the potential alignment of the type of lending they do with social-bond funding. As the first local issuer to bring an all-social residential mortgage-backed securities deal, Pepper Money says the value of the platform is primarily about the opportunity this type of funding offers for future development of lending product.
Deal and ratings review, week ending 17 June 2022
The Australasian market printed six transactions in the week ending 17 June, including Ampol's A$150 million (US$104.4 million) sustainability-linked hybrid.