FSA Group prices $300 million ABS transaction
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| Stock | FSA Group Ltd (FSA.ASX) |
|---|---|
| Release Time | 18 Sep 2025, 3:10 p.m. |
| Price Sensitive | Yes |
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FSA Group prices $300 million ABS transaction
Key Points
- FSA Group prices $300 million Asset Backed Securities (ABS) transaction
- Azora ABS 2025-1P backed by automobile and equipment consumer and commercial receivables
- Transaction expected to settle in September, subject to conditions precedent
- Second ABS transaction for FSA Group
Full Summary
FSA Group Limited is pleased to announce that it has priced a $300 million Asset Backed Securities (ABS) transaction, Azora ABS 2025-1P, backed by automobile and equipment consumer and commercial receivables. This transaction is expected to settle in September, subject to the satisfaction of customary conditions precedent. This transaction marks FSA Group's second ABS transaction. National Australia Bank Limited acted as Arranger for the transaction, while Westpac Banking Corporation and National Australia Bank Limited acted as Joint Lead Managers.
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