Liberty Financial has priced its forty-second public term securitisation in Australia, the A$300 million Liberty Series 2017-1 Auto ABS issue, rated by Moody's Investors Service.This is Liberty's ninth and largest securitisation of its Australian auto loans, and tips its total auto loan securitisations over the $1.3 billion mark, and takes Liberty's calendar year funding in all formats to around $5.0 billion. The $34.0 million Class A1 notes are to be rated Aaa(sf), with a weighted average life of about 0.2 years, and priced at a margin of 65 basis points over one month BBSW. The $161.0 million Class A2 notes are to be rated Aaa(sf), with a weighted average life of about 1.9 years, and priced at a margin of 105 basis points over one month BBSW. The pricing of the Class B, C, D, E and F notes are expected to be rated Aa1(sf), A1(sf), Baa1(sf), Ba1(sf) and Ba2(sf), respectively. Their pricing was not disclosed.National Australia Bank was the sole arranger and joint lead manager, along with Deutsche Bank.The transaction attracted strong interest from investors across all offered tranches and was approximately two times oversubscribed.Liberty is also Australia's only investment grade rated non-bank issuer (BBB- by S&P) and one of only a few lenders with an unblemished capital markets record with no ratings downgrades or charge-offs ever experienced by its securitisation program.