Securitisation: ABS

• Bernard Kellerman

Asset-backed securitisations have been on a steep issuance curve since markets were freed up post-Covid, and there is more to come.  read more

• Bernard Kellerman

2024 has emerged as the strongest year for securitisation in over a decade, where strong investor demand has driven spreads lower despite high issuance. read more

• Bernard Kellerman

A couple of more unusual securitisation deals were finalised yesterday. Neither is notable for its absolute size, but these are both firsts in their more specialised patches of the lending landscape –.. read more

• John Kavanagh

Perpetual has confirmed that it is negotiating to sell its corporate trust business, putting the biggest trustee in the Australian loan securitisation market on the block. read more

• John Kavanagh

ASIC chief executive Warren Day is leaving the regulator to join the Commonwealth DPP. read more

• John Kavanagh

The pricing of non-bank issues of residential mortgage-backed securities has tightened since the start of the year, as strong demand for locally issued RMBS and ABS continues. read more

• Bernard Kellerman

Issuance of securitisation deals backed by car loans is set to evolve further, with investors likely to see more frequent – and larger – transactions on offer.  read more

• Bernard Kellerman

The message for attendees at the ASF Conference in Sydney is that despite the tightening of financial conditions, securitisation issuance remains resilient. read more

• John Kavanagh

The very strong growth in the issuance of asset-backed securities, and one of the questions up for discussion at yesterday’s Australian Securitisation Forum annual conference was whether ABS issuers c.. read more

• John Kavanagh

The Australian securitisation market is holding up well, with an increase in outstanding debt securities during the June quarter, but there has been a shift away from mortgage-backed issuance to other.. read more

• Bernard Kellerman

Avanti Finance's inaugural securitisation of AUD car loans was priced yesterday, with A$250 million in pass-through floating rate notes issued.  read more

• Banking Day staff

Tyro Payments has reached an in-principle settlement of a class action over terminal outages in January 2021. read more

• John Kavanagh

Consumer lender Plenti has decided to prioritise margin protection over loan growth, reporting that originations were down in the June quarter. read more

• Banking Day staff

The Australian Retail Credit Association has appointed Elsa Markula as its new chief executive, replacing the retiring Mike Laing. read more

• John Kavanagh

Investor appetite for asset-backed securities remains healthy, as the second issuer in a week completes a transaction. read more

• John Kavanagh

Consumer lender Plenti Group has completed an issue of asset-backed securities, raising A$437 million. read more

• John Kavanagh

The Australian Office of Financial Management has approved a A$65 million investment by the Australian Business Securitisation Fund in a Prospa warehouse. read more

• John Kavanagh

hummgroup completed its thirteenth securitisation of buy now pay later receivables last week, when it raised A$250 million. read more

Consumer lender Plenti Group has completed an issue of asset-backed securities, raising A$280 million of funds in a deal, Plenti PL-Green ABS 2022-1, that included $65 million of green notes. read more

Humm Group has launched the securitisation of a portfolio of its Australian unsecured buy now pay later receivables. read more