Plenti Group Ltd. (AU:PLT) has released an update.
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Plenti Group Limited has successfully priced a $330 million asset-backed securities (ABS) transaction, bringing its total issuance for 2024 to $1.16 billion. This transaction, backed by personal and renewable energy receivables, achieved strong pricing outcomes with a lower weighted average margin, reflecting solid market support and new investor interest. The deal is set to settle by early November, highlighting Plenti’s growing presence in the debt capital markets.
For further insights into AU:PLT stock, check out TipRanks’ Stock Analysis page.