Aqua preps debut ABS

Category: ABS


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Aqua Finance is marketing its first public term securitisation. US$194m Aqua Finance Trust 2017-A (see SCI's deal pipeline) is collateralised by a pool of retail instalment sale contracts and agreements primarily used for water treatment equipment and home improvements.

The US$174.5m class A notes have been provisionally rated single-A by Kroll Bond Rating Agency.

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