The PUMA Masterfund S-5 RMBS transaction – the first Australian RMBS consisting entirely of stated income loans to be issued since July 2007 – has been declared a success by Macquarie Bank.
“We received strong support from domestic and offshore investors, underlying the strength of the RMBS market despite disruptions in global financial markets,” Gill said.
The bond issue had been hiked from $250 million to $350 million due to increased investor demand.
Many small and medium-sized enterprises have been hard hit by social distancing measures implemented to contain the spread of the coronavirus. To help them keep the lights on, the federal government announced a raft of stimulus and ‘survival’ measures to cushion the blow. Here, we outline some of the key packages you need to know about.
One of the major challenges for any small business is having steady cash flow. Given the coronavirus pandemic resulting in business hibernation and closures, having adequate cash flow is crucial. Malavika Santhebennur outlines how brokers can help SMEs with their cash flow needs.
As the deadline for using the instant asset write-off approaches, we outline what has been happening in the asset finance space and how SMEs can take advantage of the new package.