zipMoney taking indications of interest for inaugural ABS deal

On 16 August, zipMoney began taking indications of interest for its potential new asset-backed securities (ABS) deal, Zip Master Trust Series 2019-1. The transaction, which is expected to launch and price in the week beginning 19 August, has indicative total volume of A$400 million (US$271.2 million). National Australia Bank is leading.