FSA Price sensitive 18 Sep 2025, 3:10 PM

FSA Group prices $300 million ABS transaction

FSA Group Ltd

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.

Summary generated by a large language model. Please interpret with care.

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