Afg 2024-1 Tr Series Class A2 Frn Notes Mt10-nov-2055 Min Cons

AFG 2024-1 Trust (ASX: AF4) is an Australian asset-backed security trust that issues wholesale debt securities supported by a pool of mortgage-backed receivables.

Afg 2024-1 Tr Series Class A2 Frn Notes Mt10-nov-2055 Min Cons Share Price & Chart

About Afg 2024-1 Tr Series Class A2 Frn Notes Mt10-nov-2055 Min Cons (ASX:AF4)

AFG 2024-1 Trust (ASX: AF4) is a specialized financial entity listed on the Australian Securities Exchange as a wholesale debt security issuer. The trust is managed by Perpetual Corporate Trust Limited, acting as the trustee, and is headquartered in Perth, Western Australia, where its sponsor company is based. Its primary business focus is the issuance of asset-backed securities to institutional investors, providing them with exposure to a structured pool of financial assets.

The operations of AF4 revolve around the securitization of residential mortgage loans originated or aggregated by Australian Finance Group Ltd (AFG). The trust holds a specific portfolio of mortgage-backed receivables, which serve as the underlying collateral for the debt securities issued under Series 2024-1. These securities are settled through the Austraclear system and are designed to provide regular interest payments to holders based on the performance of the underlying loan pool.

AF4 occupies a niche position in the Australian fixed-income market, targeting sophisticated and wholesale investors seeking structured credit exposure. Its strategic focus is to provide a capital-efficient funding vehicle for AFG’s lending activities while offering investors a transparent, rated investment product. By listing on the ASX, the trust enhances the liquidity and visibility of its debt instruments within the broader Australian financial services landscape, supporting the growth of the non-bank lending sector.

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