The Australian Business Securitisation Fund has made good on its commitment to underwrite securitisation transactions, providing an underwrite for Prospa Group’s latest issue of asset-backed securities.
The Australian Business Securitisation Fund has made its latest investment, committing A$225 million to a warehouse facility sponsored by SME lender Dynamoney.
The Australian Business Securitisation Fund will receive its final funding tranche of A$500 million on July 1, taking the balance of its investment account to $2 billion. Little of it has been invested.