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Eclipx Group ( (AU:FPR) ) just unveiled an announcement.
FleetPartners Group, a company involved in asset-backed securitisation, announced the successful pricing of its ninth Australian asset-backed securitisation, FP Turbo Series 2025-1 Trust, amounting to A$400 million. This securitisation is backed by Australian operating, finance, and novated finance lease receivables originated by FleetPartners. A notable feature of this transaction is the inclusion of a green ABS tranche, which aligns with the International Capital Market Association’s Green Bond Principles and is certified as a ‘Climate Bond’ by the Climate Bonds Initiative. This initiative underscores FleetPartners’ commitment to sustainable finance, particularly in funding leases for electric vehicles, potentially enhancing its market positioning and appeal to environmentally conscious investors.
The most recent analyst rating on (AU:FPR) stock is a Buy with a A$3.90 price target. To see the full list of analyst forecasts on Eclipx Group stock, see the AU:FPR Stock Forecast page.
More about Eclipx Group
YTD Price Performance: 13.75%
Average Trading Volume: 271,933
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$651.9M
For an in-depth examination of FPR stock, go to TipRanks’ Overview page.