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Latitude launches personal loans ABS deal

Monday, 10 February 2020

On 19 February, Latitude Financial Services (Latitude) launched 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 price on 14 February, is A$500 million (US$335.1 million). Westpac Institutional Bank is arranger and joint lead manager alongside Commonwealth Bank of Australia and National Australia Bank.

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