La Trobe Financial Trust 2022-1 Notes Redeemed and Delisted from ASX

Redemption Completed

La Trobe Financial Capital Markets Trust 2022-1 has officially redeemed its outstanding Class A1L and Class A2 Notes, with the redemption date recorded as 14 January 2026. The notes, originally issued with a combined face value nearing half a billion dollars, have now reached maturity or early redemption, concluding their tenure in the market.

Suspension and Delisting

Following the redemption, the ASX announced the suspension of these notes from official quotation as of 16 January 2026. This suspension is a procedural step under ASX Listing Rule 17.2, reflecting that the securities are no longer tradable. Subsequently, at the request of the Trust, the notes will be removed from the ASX Official List effective 19 January 2026, marking their formal exit from the exchange.

Implications for Investors and Market

For investors, the redemption means the return of principal and cessation of interest payments on these notes. The removal from the ASX reduces market liquidity for these instruments, but given the redemption, this is a natural conclusion rather than a distress event. The sizeable redemption reflects the Trust’s ability to meet its obligations, which may be viewed positively by the market.

Looking Ahead

While the announcement is clear on the redemption and delisting, it leaves open questions regarding the Trust’s future capital management strategies. Whether La Trobe Financial will issue new debt securities or restructure its capital base remains to be seen. Market participants will be watching closely for any subsequent filings or announcements that shed light on the Trust’s next moves.