CNH Capital lining up 2021-1 ABS deal

On 26 April, CNH Industrial Capital Australia mandated ANZ to engage investors regarding an Australian dollar denominated asset-backed securities (ABS) transaction, CNH Industrial Capital Australia Receivables Trust Series 2021-1. Indicative total volume for the deal is A$300 million (US$232.9 million), with the potential to upsize, and is expected to launch in the week beginning 3 May.