Pepper announces potential SPARKZ ABS deal

On 2 December, Pepper Group (Pepper) mandated Bank of America, MUFG Securities, National Australia Bank, RBC Capital Markets, Societe Generale and Westpac Institutional Bank to engage investors regarding a potential auto and equipment asset-backed securities (ABS) deal from its SPARKZ programme. Subject to market conditions, the transaction is expected to launch in early 2020.