MA Money has successfully completed a monumental $700 million residential mortgage-backed securities (RMBS) issuance, the largest of its kind for a non-bank lender in the prime borrower segment.
This record-setting transaction not only underscores MA Money’s market prowess but also its rapid growth, following a significant achievement of managing $2 billion in loans by the end of 2024.
Chris Wyke (pictured above), joint CEO of MA Financial Group, highlighted the global appeal of the issuance.
“With a significant portion (61%) of the trade allocated to offshore investors, this reinforces the global footprint MA Money has strategically built over the years,” Wyke said.
He further celebrated the successful launch of their Pinnacle programme, marking it as the first RMBS transaction of 2025.
“We are extremely pleased to execute our Pinnacle programme as the first RMBS transaction of 2025, reopening the market with such a strong outcome,” Wyke said.
“After an outstanding 2024, culminating in MA Money reaching $2 billion in loans under management in December, this transaction is a powerful way to start the year,” he said. “It reflects our continued growth and ability to deliver exceptional results for our investors and broker partners.”
Akeshni Gour, treasurer at MA Money, also remarked on the successful capital raise.
“Successfully securing and upsizing this transaction, while also attracting significant offshore investment, is a clear testament to the confidence investors have in MA Money and the quality of our loan book,” Gour said.
He stressed the robust market support for the issuance.
“The overwhelming support for this deal highlights the strength of our business and the global reputation we have built,” Gour said. “We are truly grateful for the trust placed in us by both our onshore and offshore investors, and we look forward to continuing to offer high-quality opportunities to the market.”
