SA Home Loans seals securitisation

SA Home Loans seals securitisation

Published: November 5, 2012

Latest deal takes mortgage company’s fund raisings in the market this year to ZAR5bn.

South African mortgage lender SA Home Loans has raised ZAR1.4bn (US$160mn) through its latest mortgage-backed securitisation.

The company has now raised ZAR5bn in the securitisation market during 2012. This is its fourth issuance this year.

Standard Bank acted as mandated lead arranger.