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Pepper Money and KKR Set to Acquire $21.4B RAMS Home Loan Portfolio from Westpac
8:25am on Monday 3rd of November, 2025 AEDT
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Pepper Money and KKR Set to Acquire $21.4B RAMS Home Loan Portfolio from Westpac
8:25am on Monday 3rd of November, 2025 AEDT
Key Points
Consortium including Pepper Money and KKR to acquire $21.4 billion RAMS home loan portfolio
Pepper Money to acquire legal title and service the portfolio
Transaction supports Pepper Money’s capital-light servicing growth strategy
Completion subject to regulatory approvals including FIRB and ACCC
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