Eclipx taking indications of interest for auto ABS deal

On 27 November, Eclipx Group (Eclipx) began taking indications of interest for its new auto asset-backed securities (ABS) deal, FP Turbo Series 2019-1. Total indicative volume for the deal is A$450 million (US$305.3 million), with launch expected in the week beginning 2 December. Westpac Institutional Bank is arranger and joint lead manager alongside ANZ, Commonwealth Bank of Australia, Macquarie Bank and National Australia Bank.