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ISCOVER
Suncorp yesterday raised $444 million in its second RMBS deal for 2008.
The deal consisted of Australian prime floating rate RMBS; $400 million of which were Class A notes, rated AAA by Standard & Poor’s.
The remaining $44 million were Class B Notes rated AA- by Standard & Poor’s.
The securities were priced at 1.3 percentage points over the one month BBSW.
Published: 11-09-08
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