ColCap Financial Group partners with Qantas Money
It funds Atlas home loans exclusively for Qantas Frequent Flyer members, combining ColCap's lending capability with the airline's proposition.
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Australian and UK non-bank mortgage lending group
colcap.com.auLast updated
In short: ColCap priced a record $3 billion RMBS, partnered with Qantas Money, and expanded in the UK.
It funds Atlas home loans exclusively for Qantas Frequent Flyer members, combining ColCap's lending capability with the airline's proposition.
The transaction was upsized due to strong investor demand and represents the largest non-bank RMBS in Australian history.
The $2.7 billion issue, upsized from $1 billion due to strong demand, secures prime residential mortgages. CEO Andrew Chepul highlights investor confidence and competitive funding benefits.
ColCap achieved record net profit and loan portfolio growth despite challenging market conditions and increased interest rates.
Local and foreign investors are unfazed by the greatest property price correction in 40 years and dwindling demand from home buyers, with non-bank lender ColCap...
Sydney's ColCap Financial is on track to raise $2.7 billion in a record-breaking deal that would mark the biggest residential mortgage-backed security transaction from a...
ColCap says that Molo will benefit from its depth of funding and mortgage product expertise to capitalise on its growth potential”. The Australian lender was...
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