July 30 (Reuters) - Zip Co Ltd Z1P.AX :
* MANDATED NATIONAL AUSTRALIA BANK TO ARRANGE A SERIES OF ABS INVESTOR MEETINGS FOR ESTABLISHMENT OF ZIP MASTER TRUST PROGRAMME
* MANDATE HAS NOW BEEN CONFIRMED AND AN INDICATIVE TERM SHEET WAS ISSUED BY NAB ON 29 JULY 2019
* PERPETUAL CORPORATE TRUST LIMITED IS EXPECTED TO BE APPOINTED AS TRUSTEE OF ZIP MASTER TRUST AT COMPLETION
* TRANSACTION IS EXPECTED TO BE COMPLETED IN NEXT 8 WEEKS
* ONCE DEAL IS COMPLETED, CO'S TOTAL FACILITIES AVAILABLE TO FUND RECEIVABLES WILL RISE FROM $731.5M TO $931.5M