Eclipx launches FP Ignition Series 2019-1 ABS deal

On 16 September, Eclipx Group (Eclipx) launched its asset-backed securities (ABS) deal, FP Ignition Series 2019-1. Total capped volume for the transaction is NZ$250 million (US$159.6 million), with pricing expected on 18 September. ANZ is arranger for the transaction and joint lead manager alongside Westpac New Zealand.