Australia's Yellow Brick Road Holdings gains; signs RMBS warehouse facility

Yellow Brick Road Holdings

13/09/2018 02:30

** Shares of wealth management firm Yellow Brick Road
Holdings Ltd  YBR.AX  rise as much as 9.5 pct to A$0.12, their
biggest intraday percentage gain since Sept. 4
    ** Company enters into an arrangement with a major bank for
a $300 mln residential mortgage-backed securities (RMBS)
warehouse facility  urn:newsml:reuters.com:*:nASX1c0D9w
    ** Up to last close, stock had fallen 25 pct this year
compared with a 1.83 pct increase in the benchmark S&P/ASX 200
index  .AXJO 
    

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