Pepper taking indications of interest for Sparkz 3 ABS deal
- Friday, 04 December 2020
On 4 December, Pepper Group began taking indications of interest for its auto and equipment asset-backed securities (ABS) deal, Pepper Sparkz 3. Capped volume for the transaction is A$615.9 million (US$458.1 million) and is expected to launch in the week beginning 7 December. Westpac Institutional Bank is arranger and joint lead manager alongside BofA Securities, MUFG Securities, National Australia Bank, RBC Capital Markets and Societe Generale.
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