Moody's upgrades the ratings on notes from Plenti Auto ABS Trust 2023-1 - Moody's Global Credit Research

Moody's upgrades the ratings on notes from Plenti Auto ABS Trust 2023-1

Moody's upgrades the ratings on notes from Plenti Auto ABS Trust 2023-1 - Moody's Global Credit Research
Moody's upgrades the ratings on notes from Plenti Auto ABS Trust 2023-1
Published Mar 28, 2024
5 pages (2624 words) — Published Mar 28, 2024
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...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

  
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Plenti Auto ABS Trust 2023-1
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Plenti Auto ABS 2023-1 Trust: New Issue Plenti Finance's first auto ABS issuance of 2023 - New Issue Report – 2023/06/09 – US$ 250.00 – ...Plenti Auto ABS 2023-1 Trust (Plenti 2023-1) transaction is a static cash securitisation of consumer and commercial auto loans receivables extended to prime borrowers in Australia. The loans were originated by Plenti Finance Pty Limited (Plenti, unrated) and are serviced by Plenti RE Limited (Plenti RE). Plenti is a 100%-owned Australian subsidiary of Plenti Group Limited, established in 2014 focusing on consumer lending. It started automotive lending in 2017. Following strong growth in its automotive finance book, Plenti has issued its third auto ABS transaction. Plenti is a technology-led lending business, offering borrowers automotive, renewable energy and personal loans, delivered via its proprietary technology platform....

Moody's assigns definitive ratings to Australian Auto transaction issued by Plenti Finance - Rating Action – 2023/06/09 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Plenti Auto ABS 2023-1 Trust: Pre-sale Plenti Finance's first auto ABS issuance of 2023 - Pre-Sale Report – 2023/05/26 – US$ 250.00 – ...Plenti Auto ABS 2023-1 Trust (Plenti 2023-1) transaction is a static cash securitisation of consumer and commercial auto loans receivables extended to prime borrowers in Australia. The loans are originated by Plenti Finance Pty Limited (Plenti, unrated) and are serviced by Plenti RE Limited (Plenti RE). Plenti is a 100%-owned Australian subsidiary of Plenti Group Limited, established in 2014 focusing on consumer lending. It started automotive lending in 2017. Following strong growth in its automotive finance book, Plenti is issuing its third auto ABS transaction. Plenti is a technology-led lending business, offering borrowers automotive, renewable energy and personal loans, delivered via its proprietary technology platform....

Moody's assigns provisional ratings to Australian Auto transaction issued by Plenti Finance - Rating Action – 2023/05/26 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

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Moody's Global Credit Research—Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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MLA:
Moody's Global Credit Research. "Moody's upgrades the ratings on notes from Plenti Auto ABS Trust 2023-1" Mar 28, 2024. Alacra Store. Apr 27, 2024. <http://www.alacrastore.com/moodys-credit-research/Moody-s-upgrades-the-ratings-on-notes-from-Plenti-Auto-ABS-Trust-2023-1-PR_488002>
  
APA:
Moody's Global Credit Research. (). Moody's upgrades the ratings on notes from Plenti Auto ABS Trust 2023-1 Mar 28, 2024. New York, NY: Alacra Store. Retrieved Apr 27, 2024 from <http://www.alacrastore.com/moodys-credit-research/Moody-s-upgrades-the-ratings-on-notes-from-Plenti-Auto-ABS-Trust-2023-1-PR_488002>
  
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