On 2 September, Liberty Financial launched its new SME asset-backed securities (ABS) deal, Liberty Series 2020-1 SME. Indicative volume for the forthcoming deal is A$400 million (US$293.7 million), with the potential to upsize to a A$600 million maximum. Westpac Institutional Bank is arranger and joint lead manager alongside Credit Suisse. Pricing is expected on 4 September.