Courts launches landmark securitisation

Southeast Asia’s largest electrical and furniture retailer has launched the region’s first-ever multi-jurisdiction, multi-currency and multi-seller securitisation.
Special purpose vehicle: set up by Courts to manage the performance of collateral pledged.
Special purpose vehicle: set up by Courts to manage the performance of collateral pledged.

Courts Asia has launched a multi-jurisdiction, multi-currency and multi-seller securitisation programme that could jumpstart the nascent Asia asset securitisation market and set a benchmark for others to tap cheaper funding sources.

¬ Haymarket Media Limited. All rights reserved.

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