Macquarie returns to US buyers with $500m Smart ABS

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Macquarie returns to US buyers with $500m Smart ABS

Macquarie Group priced a $500m SEC-registered auto loan ABS deal from its Smart Series 2013-1 US Trust on Wednesday, splitting the transaction across seven tranches of Class A notes, but retaining around A$58.57m of class B,C,D and E Aussie dollar notes.

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