Heritage Building Society to raise $95m

The Trust is backed by a revolving pool of Australian residential first ranking mortgages originated by the group.

Heritage treasurer Paul Williams commented to the Australian Financial Review that the group would look to sell more debt into the conduit in the future to secure funding, due to the impossibly high costs of accessing the public mortgage-backed bond market.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 18 June 2008