On 19 November, flexigroup launched its asset-backed securities (ABS) transaction, Flexi ABS Trust 2019-2. The deal has capped volume of A$265 million (US$180.4 million) and features green tranches from triple-A to double-B-plus rated notes. National Australia Bank is arranger and joint lead manager alongside Commonwealth Bank of Australia. Pricing is expected on or before 22 November.