Scentre Group says its blockbuster subordinated-debt deal in the US dollar 144A market is part of an ongoing capital-management programme in the wake of the COVID-19 crisis, supporting its long-term credit rating and providing significant financial flexibility. The transaction was met by substantial international demand, deal sources add.
On 23 September, Columbus Capital mandated Credit Suisse, Natixis and Standard Chartered to engage investors regarding a potential Australian dollar denominated nonresident residential mortgage-backed securities (RMBS) deal from its Vermilion programme.
The circumstances of 2020 have put particular pressure on corporate treasuries. Where the financial crisis was spawned – and, in Australia’s case, largely remained – in financial markets, COVID-19 rapidly developed from a public-health emergency into the greatest shock the real economy has seen in lifetimes.
The Australian securitisation industry has been at the front line of market evolution, from its position at the eye of the financial-crisis storm to the proactive role played by the Australian Securitisation Forum (ASF)’s Women in Securitisation (WIS) subcommittee.
The sustainable-finance sector has grown exponentially in the past decade. As part of the Women in Sustainable Finance initiative, Westpac Institutional Bank and KangaNews brought together Australian and global experts to discuss the market in 2020 and beyond.
The COVID-19 crisis is having a profound impact across economies, markets and societies. ANZ and KangaNews, in association with Women in Banking and Finance, hosted business and market leaders to talk through the response so far and the wide-reaching nature of future changes.
BNY Mellon’s initiatives to promote workplace gender diversity and inclusivity involve wide-ranging internal and tangible external engagement. Two of the company’s senior executives in the Asia-Pacific region, Anna O’Sullivan and Lauren Stewart, discuss the programmes and their aims to tackle systemic societal issues.
ANZ’s purpose is to shape a world where people and communities thrive. The bank’s approach to diversity and inclusion is one way it brings this purpose to life, enabling the social and economic participation of all its stakeholders – customers, employees, and the wider community.
On 22 September, Thinktank Group mandated Commonwealth Bank of Australia, Deutsche Bank and Westpac Institutional Bank to arrange a series of investor calls beginning 24 September regarding a potential Australian dollar, SME commercial and residential mortgage-backed securities transaction.