Macquarie targets US with auto securitisation
Macquarie Leasing launched a dual currency securitisation backed by auto leases for the second time in a year on Tuesday. The deal is aimed at US investors and builds on a record 12 months of ABS issuance.
Macquaries A$567.47m($547m) deal is divided into nine tranches, and the four most senior notes are denominated in US dollars.
The issuer hopes to emulate the success of its A$641.7m deal last July its debut offering to US investors which was one of 13 rated Australian ABS
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