MoneyMe Ltd. (AU:MME) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
MoneyMe Ltd. has announced its successful execution of a $517.5 million asset-backed securities deal in the auto loan sector, marking its largest term securitisation to date. The high demand from investors and favorable credit ratings highlight the strong performance of MoneyMe’s Autopay loans, positioning the company for future growth in the debt capital markets. This strategic move is set to enhance MoneyMe’s capital efficiency and expand its reach among domestic and international investors.
For further insights into AU:MME stock, check out TipRanks’ Stock Analysis page.