Macquarie Leasing launches SMART 2017-2 ABS

Macquarie Leasing launched a no-grow A$588.25 million (US$460.15 million) auto asset backed-securities (ABS) deal – SMART ABS Series 2017-2 Trust – on 17 July. The deal is expected to price on or before 21 July, according to arranger Macquarie Bank and additional lead managers ANZ and National Australia Bank.