News

KangaNews is proud to announce the winners of the institutional and deal categories in the KangaNews Awards 2021. At the end of another hectic year in the Australian and New Zealand capital markets, KangaNews received votes from hundreds of market participants keen to recognise the achievements of 2021's most outstanding performers.

Deal flow slowed in the week bridging November and December. The Australian and New Zealand securitisation markets provided highlights, however, with transactions from Firstmac and Bluestone.

Ampol’s recent hybrid transaction has fuelled expectations of further subordinated-debt issuance. While a handful of corporate-hybrid transactions have been issued since September 2020, deal sources say the latest transaction could be a promising sign of a more stable market.

Thinktank Group will target mid-year execution for its next commercial mortgage-backed securities deal, reshaping its issuance programme to make way for further residential mortgage-backed deals. The change will also provide greater flexibility to judge market conditions, according to the borrower.