PRESS RELEASE – FOR IMMEDIATE RELEASE
Columbus Capital is delighted to announce that it has today priced $418.9 million of Vermilion
Bond Trust 2020 Series 1 residential mortgage-backed securities (“RMBS”) backed entirely
by mortgage loans to prime non-Australian resident borrowers secured by mortgages over
Australian residential properties.
The transaction was upsized from $259.1 million to $418.9 million in response to significant
investor demand which included several first-time investors. This transaction brings
Columbus Capital’s total RMBS issuance for 2020 to $2.42 billion.
Columbus Capital’s Treasurer David Carroll said “We are delighted with the confidence
investors continue to show in Columbus Capital and our track record which is now 18 RMBS
issues totalling $8.6 billion with no losses to any investors to date. We pride ourselves on
innovation and have now successfully executed the second all non-resident borrower RMBS
transaction. Columbus continues to grow strongly with a diverse loan portfolio that now
exceeds $6.5 billion.”
About Columbus Capital
Columbus Capital is a leading non-bank financial institution specialising in Australian
residential mortgage lending, third party loan servicing and trust management. Columbus
Capital lends primarily through the wholesale lending brand Origin Mortgage Management
Services which services mortgage managers and the retail brand Homestar. Columbus
Capital is an Australian owned private company that was founded in 2006.
For further information
David Carroll, Treasurer
Email: David.Carroll@colcap.com.au
Tel: +61 2 9273 8132