Fitch Ratings - Sydney - 05 Jul 2022: Fitch Ratings has upgraded eight note classes and affirmed 16 from four Flexi and humm ABS Trusts. The transactions consist of notes backed by a pool of Australian unsecured consumer receivables originated by humm BNPL Pty Ltd (formerly Certegy Ezi-Pay Pty Ltd), a wholly owned subsidiary of Humm Group Limited. The notes were issued by Perpetual Corporate Trust Limited in its capacity as trustee.
The upgrade of Flexi ABS Trust 2019-2's C-G, D-G and E-G notes; Flexi ABS Trust 2020-1's D-G notes; and humm ABS Trust 2021-1's B-G, C-G, D-G and E-G notes reflects asset performance that has been better than Fitch expected at closing.
Fitch Ratings - Sydney - 05 Jul 2022: Fitch Ratings has upgraded...
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