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Pepper Money Completes $15.4 Billion RAMS Portfolio Acquisition

8:31am on Monday 3rd of August, 2026 AEST Financial Services
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Pepper Money Completes $15.4 Billion RAMS Portfolio Acquisition

8:31am on Monday 3rd of August, 2026 AEST
Key Points
  • Acquisition of $15.4 billion RAMS home loan portfolio from Westpac
  • Pepper Money appointed as portfolio servicer
  • Consortium includes KKR and PIMCO-managed funds
  • Pepper Money holds investment in securitisation vehicle
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