Wingate Consumer Finance is marketing an inaugural term securitisation of personal loans extended to borrowers in Australia. Dubbed NOW Trust 2019-1, the A$200m transaction is backed entirely by receivables originated by Wingate Consumer Finance, an established non-bank lender in the Australian personal loan market.
Moody’s has provisionally rated the transaction as Aaa on the A$143m class A notes, Aa2 on the A$16.6m
Not yet registered? Join today to access SCI Content.