ASX-listed MONEYME have announced that it has executed a personal loan asset-backed securities (ABS) transaction with the MME PL ABS 2026-1 Trust. Settlement is due to occur on Thursday, 21 May 2026.
The $365.4 million term securitisation of loan receivables originated through MONEYME’s personal loan products.
The transaction is the third public capital markets transaction for the year, bringing total ABS issuance to $1.023 billion for FY26.
Clayton Howes, MONEYME’s Managing Director and CEO, said, “This is MONEYME’s largest personal loan ABS transaction to date and our third ABS deal for FY26, bringing total issuance for the financial year to $1.023 billion. It increases our capital available for growth while reducing our cost of funds and improving margins. The favourable terms reflect the confidence capital markets have in the scale and consistency of our loan book. The deal was upsized, with strong demand from both local and international investors. A strong AAA rating was achieved for the senior (Class A) and commission notes, consistent with our strategy of focusing on a high credit quality borrower segment and reflective of the underlying performance of our portfolio.”