Zip Master Trust Series 2020-1 -- Moody's assigns definitive ratings to the third series of notes issued from Zip Master Trust

Moody's Investors Service has assigned definitive ratings to notes to be issued by Perpetual Corporate Trust Limited, as trustee of the Zip Master Trust. Zip is an Australian non-bank fintech that was founded in 2013 as a buy-now-pay-later retail credit platform.