Investec's debut Australian ABS is medical receivables trade

Investec Bank (Australia) has launched its first Australian asset-backed securities (ABS) deal, at a size of A$240.7 million (US$211.1 million). The motor vehicle and equipment receivables transaction, Impala Trust Series 2010-1, will offer class A and class B notes to the market with the remaining four tranches of notes being held by the issuer.