Investec Bank prices A$232.5 million new ABS issue

Investec Bank Australia returned to the asset-backed securities (ABS) market with its first transaction of the year on September 14, pricing the Impala Trust No 1 Sub-series 2012-1. The deal is backed by a range of auto and equipment receivables from health and accounting industry professionals, totalling A$232.53 million (US$246.04 million).