Nonbank securitisation deal flow continued its run in the week ending 10 June with prints from Plenti Finance, Brighten Home Loans and Wisr. Meanwhile, Asian Development Bank returned to the Kangaroo market with another gender bond.
Lloyds Banking Group returned to Kangaroo issuance on 1 June after a three-year absence as it seeks to re-establish its presence in strategic and regional markets post-pandemic. Deal sources say the issuer captured demand for fixed-rate paper at shorter tenor in a tight execution window, with domestic real money driving the trade.