hummgroup completed its thirteenth securitisation of buy now pay later receivables last week, when it raised A$250 million.
The transaction, humm ABS Trust 2022-1, included $58.7 million of green notes, certified under the Climate Bond Standard. It is the eighth humm ABS that has included green bonds.
Pricing on the A1 notes, worth $175 million, and the A1-G notes (worth $6 million) was 110 basis points over the one-month bank bill swap rate.
The B-G notes, worth $27 million, were priced at 165 bps over BBSW. Margins on the C, D and E notes ranged from 190 bs to 450 bps.