Pepper prices record $700 million Non-Conforming RMBS Issue
24-03-2016Pepper Group Limited (Pepper) (ASX:PEP) today priced its $700 million Pepper Residential Securities Trust No.16 (“PRS16”) transaction. This is the largest non‐conform ng RMBS (Residential Mortgage‐ Backed Securities) deal in Pepper’s history, and the largest non‐conforming mortgage securitisation in the Australian market since 2006.