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Plenti Group Ltd. ( (AU:PLT) ) just unveiled an update.
Plenti Group Limited has announced the pricing of its largest asset-backed securities (ABS) transaction to date, valued at $559 million and backed by automotive loan receivables. This marks Plenti’s sixth automotive loan ABS and eleventh overall, with total issuance exceeding $4.3 billion. The transaction attracted strong demand from both returning and new investors, allowing Plenti to secure its largest issuance volume ever at its tightest pricing since 2021. The transaction is expected to settle around 20 November 2025, with National Australia Bank, Westpac Banking Corporation, and Bank of America acting as joint-lead managers.
The most recent analyst rating on (AU:PLT) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Plenti Group Ltd. stock, see the AU:PLT Stock Forecast page.
More about Plenti Group Ltd.
Plenti is a fintech lender that offers automotive, renewable energy, and personal loans using smart technology. Since its establishment in 2014, Plenti has consistently grown its loan originations, supported by diversified loan products, distribution channels, and funding.
Average Trading Volume: 421,372
Technical Sentiment Signal: Buy
Current Market Cap: A$218.9M
Learn more about PLT stock on TipRanks’ Stock Analysis page.