Source: News 29 Apr 2024

Allied Credit completes largest-ever A$1,035 billion ABS transaction

We have recently completed our latest, and largest-ever asset-backed securities (ABS) transaction. This deal was particularly special for the Allied team for a few reasons:

– The A$1,035 billion transaction was our largest-ever – more than double the size of our largest previous deal – and was supported by both domestic and overseas investors;

– The size was driven by our ongoing growth in new retail business and the accreditation of new dealer partners; and

– We now have ratings from two credit agencies and reporting compliance with the European Securities and Markets Authority that will help expand the investor base for future ABS transactions. Our Group Treasurer, June McFadyen, spoke to KangaNews on the details of this transaction and what it means for Allied Credit moving forward.

Overall, we see the success of this transaction is the result of a great Allied team effort and demonstrates the trust in our brand as we continue to originate and safely manage high-quality business.

Latest News

Source: News 29 Apr 2024

Allied Credit completes largest-ever A$1,035 billion ABS transaction

We have recently completed our latest, and largest-ever asset-backed securities (ABS) transaction. This deal was particularly...
Source: News 25 Mar 2024

Continuing our sustainability journey

Allied Credit has an ongoing commitment to sustainability and each year, we are measuring our environmental...
Source: GoAutoNews 05 Apr 2023

Stellantis partners with Allied Credit

Dealers and customers to benefit from branded finance for three Stellantis brands THREE key Stellantis brands...
Source: News 15 Mar 2023

A step in the right direction for our planet and our people

Allied Credit recently commenced its sustainability journey, committing to look at and measure our impact on...
Source: GoAutoNews 11 Dec 2022

Seeking hindsight

Dealers should tap the long-standing knowledge and experience residing in their businesses   AS THE economy...
Source: GoAutoNews 18 Jun 2022

Dealerships “too important” to lose

Integrating finance offers with online stock listings to help shore up the future of auto retailers...