On 5 March, Latitude Finance Australia (Latitude) revealed plans to meet with investors in Australia and the UK, regarding a potential Australian dollar denominated asset-backed securities (ABS) transaction from its Latitude Australia Credit Card Master Trust programme. The meetings, to be arranged by Bank of America Merrill Lynch, Deutsche Bank and National Australia Bank, will commence on 5 March in Australia and on 12 March in the UK.
KangaNews is proud to present the winners of the institutional and deal categories in the KangaNews Awards 2017. After an extensive voting and verification process, KangaNews can confidently say its results reflect a true market view on the outstanding performers of 2017 in the Australian and New Zealand debt markets.
Latitude Finance Australia (Latitude) is preparing its third asset-backed securities (ABS) deal of 2017, and its first public personal loan-backed ABS, with expected ratings assigned to the forthcoming deal on 30 October. Latitude Australia Personal Loans Series 2017-1 Trust has a six-tranche structure with indicative aggregate volume of A$542.5 million (US$416.5 million), according to preliminary ratings reports by Moody’s Investors Service and Fitch Ratings (Fitch).
A detailed list of securitisation transactions issued by nonbanks profiled in the KangaNews Nonbank Yearbook 2017.