New auto- and equipment-backed ABS issued by Investec [UPDATED]
- Tuesday, 05 July 2011
Investec Bank Australia (Investec) completed the first non-mortgage asset-backed securities (ABS) deal of the month on July 14, with sole lead manager ANZ announcing the pricing of A$214.8 million (US$231.1 million) of auto and equipment-lease backed securities. The deal, Impala Trust No 1 Series 2011-1, is Investec's second ABS in Australia following its A$240.7 million medical receivables issue in May last year.
