Financials Headlines

Fitch Assigns Final Ratings to HBS Trust 2017-1

(The following statement was released by the rating agency) SYDNEY, October 23 (Fitch) Fitch Ratings has assigned final ratings to HBS Trust 2017-1's pass-through mortgage-backed floating-rate notes. The issuance consists of notes backed by Australian residential, full-documentation mortgages originated by Heritage Bank Limited (HBL, BBB+/Stable/F2). The ratings are as follows: AUD690.00 million Class A1 notes: 'AAAsf'; Outlook Stable AUD22.50 million Class A2 notes: 'AAAsf'; Outlook Stable AUD1