Flexigroup taking indications of interest for Flexi ABS Trust 2019-2

On 13 November, flexigroup began taking indications of interest for its new asset-backed securities (ABS) deal, Flexi ABS Trust 2019-2. Indicative total volume for the potential transaction is A$265 million (US$181 million), with launch expected in the week beginning 18 November. National Australia Bank is arranger and joint lead manager alongside Commonwealth Bank of Australia.