Brief: Westpac Enters Into Agreement To Sell Auto Finance Loan Book TO Resimac

Resimac

02/10/2024 23:35

Oct 3 (Reuters) - Westpac Banking Corp  WBC.AX :
    * WESTPAC BANKING CORP-WESTPAC ENTERS INTO AGREEMENT TO SELL
AUTO
FINANCE LOAN BOOK
    * AGREEMENT TO SELL ITS AUTO FINANCE LOANS AND LEASE
RECEIVABLES
TO RESIMAC
    * SALE EXPECTED TO COMPLETE IN H1 2025, VALUED AT
A$1.4-A$1.6
BILLION


Further company coverage:  WBC.AX 

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