FlexiGroup prices A$255 million return to ABS market [UPDATED]
- Friday, 03 August 2012
FlexiGroup, which last issued in the asset-backed securities (ABS) market in June 2011, priced a new securitisation transaction with volume of A$255 million (US$267.1 million) on August 3. The transaction is a securitisation of nearly 120,000 consumer loan receivables, according to Fitch Ratings (Fitch), with home-related products like solar energy forming the largest contributing asset type at 50.6 per cent of the pool.
