Sydney, Australia – Shift, a leading provider of credit and payment products to Australian businesses, today announced the completion of Shift 2026-1, its largest transaction to date. It is Shift’s fifth public securitisation transaction.
The transaction was rated by Moody’s with notes sold ranging from Class A (rated Aaa (sf)) to Class F (rated B1 (sf)). The Australian Office of Financial Management (AOFM) also offered a partial underwrite of the Class A – C notes via the ABSF, however this underwrite was not required due to strong investor interest.
Jamie Osborn, Chief Executive Officer of Shift, said that this securitisation is further validation of Shift’s tailored approach to business finance and focus on consistent, sustainable growth.
“We are pleased to welcome several new investors, including two international investment firms, alongside eight existing investors who participated in this transaction,” said Jamie Osborn, Chief Executive Officer, Shift.
The transaction was arranged by Westpac, with Westpac, NAB and J.P. Morgan acting as JLMs. Ashurst acted as counsel for Shift.
“We thank all investors, advisors and the AOFM for their ongoing support as we help more Australian businesses access the right capital to grow.”
Shift’s range of credit and payment products enable businesses to take control of their cashflow, purchase assets, streamline trade terms and choose the right financial products for their ever-changing needs. Shift provides financial certainty to businesses so they can operate and grow.
For media queries, please contact media@shift.com.au
