Latitude Finance

Friday, 07 December 2018

Domestic focus smooths Latitude’s New Zealand ABS debut

The New Zealand securitisation market welcomed a new entrant on 6 December when Latitude Financial Services (Latitude) priced its inaugural New Zealand dollar asset-backed securities (ABS) deal. The deal’s domestic focus provided insulation from external market forces according to deal sources, who add that there is growing enthusiasm for securitised product among local buyers.

Monday, 03 December 2018

Latitude launches debut New Zealand dollar ABS deal

On 3 December, Latitude Financial Services (Latitude) launched its minimum NZ$200 million (US$138.2 million) asset-backed securities (ABS) deal, Latitude New Zealand Credit Card Master Trust (CCMT) Series 2018-1. Bank of America Merrill Lynch is arranger for the deal, and joint lead manager alongside Deutsche Bank and Westpac New Zealand.

Sunday, 02 December 2018

Latitude prepares debut New Zealand dollar ABS deal

Latitude Financial Services (Latitude) is preparing a potential debut New Zealand dollar asset-backed securities (ABS) transaction, Latitude New Zealand Credit Card Master Trust (CCMT) Series 2018-1. Expected ratings were assigned by Fitch Ratings on 29 November and KangaNews understands the transaction was mandated on 30 November, with a launch expected in the coming days.

Tuesday, 16 October 2018
Oct/Nov 2018 Supplement

Nonbank capital-markets issuance history

Exclusive information from the KangaNews deal database covering capital-markets transactions by nonbank issuers profiled in the KangaNews Nonbank Yearbook 2018.

Monday, 15 October 2018
Oct/Nov 2018 Supplement

Nonbank issuer profiles and perspectives

This section contains key information on all the companies covered in the KangaNews Nonbank Yearbook 2018, as well as issuer-specific interviews with key executives from the premium and supporting partner firms.

View all Latitude Finance news