- Language: English
- Published: September 2012
- Region: Australia
Presale: RESIMAC Triomphe Trust in respect of RESIMAC Premier Series 2011-1 Trust
- Published: May 2011
- Standard & Poors
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
Expected closing date: May 2011 Final maturity date: May 2042 Collateral: Fully amortizing Australian dollar loans to prime-quality borrowers, maturing no later than one year before the final maturity date, secured by first-registered mortgages over Australian residential properties Structure type: Prime residential mortgage-backed, pass-through securities Issuer: Perpetual Trustee Co. Ltd. as trustee for the RESIMAC Triomphe Trust in respect of RESIMAC Premier Series 2011-1 Primary credit enhancement: Lenders' mortgage insurance covering 100% of the principal balance of all loans, plus accrued interest and reasonable costs of enforcement. All policies are endorsed with at least 12 months' timely payment cover. For the class A notes, the subordination of the class AB, B1, and B2 notes. For the class AB notes, the...
Companies mentioned in this report are: RESIMAC Triomphe Trust - RESIMAC Premier Series 2011-1
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RESIMAC Triomphe Trust - RESIMAC Premier Series 2011-1