Media release: Clayton Utz advises Bluestone Home Loans across record $3.2 billion year of residential mortgage backed securitisations

Bluestone is a market-leading originator of RMBS transactions in Australia, with a long history in the industry and an extensive portfolio of secured property loans to borrowers who are under-served or ignored by traditional sources of residential mortgage finance.

Clayton Utz acted across Bluestone's Sapphire, Prime and Turquoise securitisation programmes this year, including the Sapphire XXIX Series 2024-1 Trust, the Bluestone Prime 2024-1 Trust, the Sapphire XXX Series 2024-2 Trust and the Sapphire XXXI Series 2024-3 Trust.

Working alongside leading banks in traditional term markets, private placements and warehouse transactions, Bluestone has continued to cement its position in the market in 2024.

Clayton Utz Banking & Financial Services Partner, Andrew Jinks, led the firm’s multidisciplinary team with support from Senior Associate, Rosalinda Harman, and Lawyers, Nick de Bres and Jeremy U, as well as our tax team, headed by Andrew Sommer, Keshni Maharaj and Peter Feros, and our regulatory team headed by Steven Klimt.

Commenting on Bluestone’s ongoing success, Andrew said: "We are incredibly grateful for our longstanding relationship with Bluestone and its related entities overseas. In particular, it is always a pleasure to work closely with Milos Ilic-Miloradovic, Jeremy Meyer and Mathew Bradley, with their wealth of experience, commercial approach and sophisticated knowledge of the industry and markets."

"We congratulate them on their impressive success in 2024, and look forward to seeing Bluestone’s continued impact in 2025.”