Strong investor demand
MTF Finance has achieved one of the strongest results in its history after completing its ninth public securitisation.
The company says the outcome of the MTF Magnum Trust 2025 signals “deep” investor confidence in its lending model.
The $269.7 million class-A notes, rated AAA(sf), were met with “exceptional demand”. They attracted bids for more than double the amount on offer, leading to a strong pricing outcome.
More than 90 per cent of investment came from “real money” domestic institutions including KiwiSaver providers, ensuring returns stay in New Zealand and support Kiwis. Three new investors joined the programme alongside several returning institutions.
Chris Lamers, pictured, MTF’s chief executive officer, says: “This is a strong endorsement of our credit performance and purpose as human-led lenders. Investor confidence enables us to do what matters most – back Kiwi customers, local businesses and communities with access to fair, flexible finance.”
He adds the outcome reflects recognition of MTF’s strong credit track record and “unique recourse-based business model”.
The success of the MTF Magnum Trust 2025 transaction provides MTF with increased capacity to support customers across its 55-strong nationwide franchise network – from vehicle finance and personal loans, to growing small and medium-sized businesses.
Lamers says: “This funding enables us to keep backing New Zealanders with confidence – giving them certainty to plan ahead and, in turn, contribute to a stronger economy.”
