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Pepper Money Limited

ASX Announcements

Invitation - 2024 Full Year Results Briefing

Notification of Results/Reporting Date, Web Casts

  • Jan 10, 2025
  • 1 page

Change of Director's Interest Notice

Change of Director’s Interest Notice

  • Dec 6, 2024
  • 4 pages

Update - Notification of cessation of securities - PPM

Appendix 3H (Notification of cessation of securities)

  • Dec 4, 2024
  • 4 pages

Notification of cessation of securities - PPM

Appendix 3H (Notification of cessation of securities)

  • Dec 4, 2024
  • 4 pages

Update - Notification of buy-back - PPM

Daily Share Buy-Back Notice

  • Nov 29, 2024
  • 6 pages

View all PPM announcements

July 2024

Non-bank and smaller lenders have taken mortgage market share away from their larger rivals, Citi says,

Mortgage stress tests give advantage to big banks’ smaller rivals

But analysts warn that the green shoots – a growing market share – for non-bank lenders may lead them into difficult waters if rates continue to rise.

  • Lucas Baird

September 2023

The housing market slowdown is having ripple effects across the industry and mortgage lenders are forecasting a slump in business.

Pepper goes against the grain, buys HSBC’s New Zealand home loan book

CEO Mario Rehayem said the acquisition will give Pepper the appropriate scale to capitalise on future market opportunities, including a probe into bank profitability.

  • Lucas Baird

August 2023

John Lonsdale reassured that non-performing loans were still “at a very low levels” across the economy.

Non-bank borrowers at the pointy end of mortgage stress

“You are seeing more stress than what you are certainly at the major banks,” APRA chairman John Lonsdale said.

  • Lucas Baird

July 2023

Some borrowers will be trapped in zombie loans because they can no longer afford to make repayments.

These three lenders are seeing the most home loan arrears

A rise in delinquencies towards the middle of the year plays against trend, with arrears typically at their highest after the heavy spending Christmas period

  • Lucas Baird

June 2023

A raft of listed non-banks, like Liberty, Pepper, Resimac and AFG, might be better able to compete in the mortgage market as banks lift deposit rates.

Non-bank lenders Pepper and Liberty to challenge on mortgages: Citi

Investor concerns about rising mortgage losses and higher funding costs for ASX-listed, non-bank lenders may be overly pessimistic, says a leading bank analyst.

  • James Eyers
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October 2022

It’s been a big day of RMBS sales in the Australian market.

Firstmac, Pepper defy UK forces to raise $2.5b via mortgage bond sales

The two non-bank lenders have priced new mortgage bond issues as UK pension funds continue to liquidate their holdings to raise cash.

  • Jonathan Shapiro
Pepper Money chief executive Mario Rehayem.

Pepper Money defies gloom to launch $500m RMBS issue

Non-bank lender Pepper Money has put a $500 million residential mortgage-backed securities transaction to investors, racing out a day after the Reserve Bank’s 25bps cash rate increase.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

August 2022

Disciplined approach: Pepper CEO Mario Rehayem.

Pepper Money says rate rises hitting home loans

The non-bank lender posted higher profits, but saw margin contraction on rising funding costs.

  • Updated
  • Ayesha de Kretser

March 2022

The economics of electric vehicles are stacking up faster than expected.

EVs win race over 15 years; governments can’t see it

A new report shows EV economics stack up even with petrol prices under $2 a litre, but governments need to be more forward-thinking.

  • Ayesha de Kretser
Pepper chief executive Mario Rehayem says the green funding pricing premium has disappeared, and expects it to become cheaper.

Pepper Money secures offshore investors with green mortgages

Digital non bank lender Pepper Money secures $1 billion in RMBS, prices green tranche in line with the rest.

  • Ayesha de Kretser

February 2022

Pepper Money CEO Mario Rehayem.

Pepper Money preps $1b RMBS deal; three banks mandated

Listed non-bank lender Pepper Money has hired three banks for what could be its first securitisation deal for 2022.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
Pepper chief executive Mario Rehayem delivers full year results.

Pepper Money beats guidance, pays 9¢ dividend

Pepper Money shares traded higher after full-year profit rose 31 per cent.

  • Ayesha de Kretser

August 2021

Pepper CEO Mario Rehayem “We will see a slight uptick flowing from the lockdowns”

Pepper resumes pre-settlement checks as lockdowns bite

Non-bank lender Pepper is offering borrowers a final opportunity to back out of deals without penalty as it rides a resurgent property market.

  • James Frost

May 2021

Pepper CEO Mario Rehayem.

Investors sneeze at Pepper’s ASX debut

The non-bank lender traded about 10 per cent below its issue price on Tuesday afternoon, as investors report market fatigue.

  • James Eyers
Pepper CEO Mario Rehayem.

Major banks getting choosy on mortgage customers: Pepper CEO

Ahead of its Tuesday float, Pepper CEO Mario Rehayem says major bank conservatism provides an opportunity to grow.

  • James Eyers
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Mario Rehayem, Pepper Australia and NZ CEO, has plenty on his plate.

Pepper targets Airtaskers, Uber drivers with $1.3b float

Pepper Money will target Airtasker contractors, Uber drivers and Airbnb owners to grow its 0.5 per cent share of the Australian home loan market.

  • Michael Roddan

April 2021

House prices might be surging, but lenders aren’t letting standards slip, the boss of Pepper Group says.

Pepper sees growth where banks won’t go

The boss of non-bank lender and IPO prospect Pepper Group says emotion is helping to drive the hot housing market.

  • James Thomson

January 2020

Patrick Tuttle and Mike Culhane from ASX-aspirant Pepper Group.

Pepper IPO first out of the block; non-deal roadshow under way

The KKR-backed group will front prospective listed equities investors in Asia this week ahead of a planned $1b float.

  • Updated
  • Sarah Thompson, Anthony Macdonald and Tim Boyd

September 2019

Investment banks are jostling for joint lead manager roles to list Mike Culhane-run Pepper Group.

Write us a loan, we’ll write you a mandate: Pepper shakes down banks

It’s hard to get one up on the big investment banks – but global investment bigwig KKR has the smarts.

  • Sarah Thompson and Anthony Macdonald

August 2019

Mike Culhane-run Pepper Group is expected to be worth as much as $1 billion on a market capitalisation basis, based on annual profit worth $50 million to $70 million a year.

KKR taps Reunion Capital Partners for Pepper IPO

KKR has hired an independent adviser ahead of a potential $1 billion float of Pepper Group.

  • Sarah Thompson and Anthony Macdonald

Original URL: https://www.afr.com/company/Pepper-Group-Limited-16v