Latitude taking indications of interest for personal loans ABS deal

On 6 February, Latitude Financial Services (Latitude) began taking indications of interest for its personal loans asset-backed securities (ABS) deal, Latitude Australia Personal Loans Series 2020-1 Trust. Indicative total volume for the deal, which is expected to launch in the week beginning 10 February, is A$500 million (US$337.3 million). Westpac Institutional Bank is arranger and joint lead manager alongside Commonwealth Bank of Australia and National Australia Bank.