The first Australian asset-backed securities (ABS) transaction of 2011 has been completed, with Macquarie Leasing pricing a new deal predominantly comprising six US dollar-denominated senior tranches alongside smaller Australian dollar pieces. The A$841.9 million (US$843.3 million) equivalent transaction was upsized from a launch volume of A$567 million, and makes Macquarie Leasing the first Australian securitiser to bring two US dollar deals since the financial crisis.