ASIA-PACIFIC

摘要

LATITUDE FINANCIAL SERVICES has deferred a planned IPO due to market conditions and a change in leadership at the mortgage lender. Latitude, partly owned by Deutsche Bank and US private equity firm KKR & Co, is one of the largest non-bank lenders in Australia, offering low-document home loans and credit cards. Sources have said it aimed to raise about A$2bn (US$1.45bn) in the IPO this year.