It’s not just an initial public offering keeping KKR-backed non-bank lender Pepper busy!
Tonight, we’ve got the scoop on which auction - being run by Morgan Stanley on behalf of a big-four bank - has caught Pepper’s eye. And it turns out it’s not the only private equity/non-bank lender duo in the mix.
It’s big non-bank lenders and their big global private equity mates squaring off in the auction for Westpac Banking Corp’s up-for-sale auto loans business.
