FPR successfully prices Asset-Backed Securitisation-Amended
| Stock | Fleetpartners Group Ltd (FPR.ASX) |
|---|---|
| Release Time | 9 Jul 2025, 8:27 a.m. |
| Price Sensitive | Yes |
FleetPartners Group prices A$400m asset-backed securitisation
- Priced ninth Australian asset-backed securitisation (ABS) transaction
- Issued a green ABS tranche for electric vehicle leases
- Achieved strong pricing reflecting investor confidence
FleetPartners Group ('FleetPartners' or 'Group') has announced the pricing of its ninth Australian asset-backed securitisation (ABS), FP Turbo Series 2025-1 Trust, a A$400m ABS backed by Australian operating, finance and novated finance lease receivables originated by FleetPartners. The transaction saw robust investor engagement and achieved the company's goal of welcoming new participants into the programme. As part of the transaction, FleetPartners issued a green ABS tranche, aligned with the International Capital Market Association (ICMA) Green Bond Principles, that will exclusively fund leases for electric vehicles and has been certified as a 'Climate Bond' by the Climate Bonds Initiative. The strong pricing outcome reflects the depth of investor confidence in FleetPartners and serves as further validation of the Group's core strengths, underpinned by nearly four decades of expertise in credit underwriting and residual value risk management.