Investment in Seiza Augustus Series 2007-1 Trust
("Seiza Term")

GIL has an investment in two classes of notes issued by Seiza Augustus Series 2007-1 Trust, with A$10.3 million in non-rated notes and a further A$4.1 million in junior net interest margin (“Junior NIM”) notes.  

The notes in the Seiza Augustus Series 2007-1 Trust are secured against a portfolio of registered first mortgages over Australian residential and commercial property.

The underlying mortgage collateral was originated by Seiza Mortgage Company Pty Limited and is serviced by Pepper Australia Pty Ltd.