Portavia Trust No.2 Series 2013-1R RMBS Class A Notes Rating Affirmed After Issuance Increase

Stocks and Financial Services Press Releases Friday February 9, 2018 08:41
MELBOURNE--9 Feb--S&P Global Ratings

MELBOURNE (S&P Global Ratings) Feb. 9, 2018--S&P Global Ratings today affirmed its 'AAA (sf)' rating on the residential mortgage-backed securities (RMBS) issued by Perpetual Corporate Trust Ltd. as trustee for Portavia Trust No.2 Series 2013-1R.

The rating affirmation follows the acquisition of approximately A$18.7 million residential mortgage assets into Portavia Trust No.2 Series 2013-1R. The acquisition is funded by further class A note issuance, bringing the total amount of class A notes to A$100.0 million.


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