Investec arranges R849 million securitisation transaction
In what is only the second publicly placed securitisation this year, Investec Capital Markets has lead arranged and successfully placed a R849 million Equipment Lease Securitisation for Fintech (Pty) Ltd.
The total issue of rated notes amounted to R797 million with national scale credit ratings across the spectrum of classes from
“In relatively tough market conditions for the debt capital markets, this is an important indication that there continues to be real demand for securitisation paper and points to increased confidence in the underlying credit environment,” said John Paterson of Investec Capital Markets. In June 2007, Investec Bank Ltd acquired a 25.1% equity stake in Fintech, an established participant in the debt capital markets, having undertaken its first securitisation as early as 2002. In a solution that has been tailored to enhance Fintech’s business, Investec has refinanced a portfolio of rental agreements in respect to office automation, IT, telecommunication, security and medical equipment, among others. “The fact that the issue was well received indicates that investors remain comfortable with securitisation as an asset class and with ratings generally,” said
“In relatively tough market conditions for the debt capital markets, this is an important indication that there continues to be real demand for securitisation paper and points to increased confidence in the underlying credit environment,” said John Paterson of Investec Capital Markets. In June 2007, Investec Bank Ltd acquired a 25.1% equity stake in Fintech, an established participant in the debt capital markets, having undertaken its first securitisation as early as 2002. In a solution that has been tailored to enhance Fintech’s business, Investec has refinanced a portfolio of rental agreements in respect to office automation, IT, telecommunication, security and medical equipment, among others. “The fact that the issue was well received indicates that investors remain comfortable with securitisation as an asset class and with ratings generally,” said
“In relatively tough market conditions for the debt capital markets, this is an important indication that there continues to be real demand for securitisation paper and points to increased confidence in the underlying credit environment,” said John Paterson of Investec Capital Markets.
In June 2007, Investec Bank Ltd acquired a 25.1% equity stake in Fintech, an established participant in the debt capital markets, having undertaken its first securitisation as early as 2002. In a solution that has been tailored to enhance Fintech’s business, Investec has refinanced a portfolio of rental agreements in respect to office automation, IT, telecommunication, security and medical equipment, among others.
“The fact that the issue was well received indicates that investors remain comfortable with securitisation as an asset class and with ratings generally,” said
“In relatively tough market conditions for the debt capital markets, this is an important indication that there continues to be real demand for securitisation paper and points to increased confidence in the underlying credit environment,” said John Paterson of Investec Capital Markets.
In June 2007, Investec Bank Ltd acquired a 25.1% equity stake in Fintech, an established participant in the debt capital markets, having undertaken its first securitisation as early as 2002. In a solution that has been tailored to enhance Fintech’s business, Investec has refinanced a portfolio of rental agreements in respect to office automation, IT, telecommunication, security and medical equipment, among others.
“The fact that the issue was well received indicates that investors remain comfortable with securitisation as an asset class and with ratings generally,” said
“In relatively tough market conditions for the debt capital markets, this is an important indication that there continues to be real demand for securitisation paper and points to increased confidence in the underlying credit environment,” said John Paterson of Investec Capital Markets.
In June 2007, Investec Bank Ltd acquired a 25.1% equity stake in Fintech, an established participant in the debt capital markets, having undertaken its first securitisation as early as 2002. In a solution that has been tailored to enhance Fintech’s business, Investec has refinanced a portfolio of rental agreements in respect to office automation, IT, telecommunication, security and medical equipment, among others.
“The fact that the issue was well received indicates that investors remain comfortable with securitisation as an asset class and with ratings generally,” said
“In relatively tough market conditions for the debt capital markets, this is an important indication that there continues to be real demand for securitisation paper and points to increased confidence in the underlying credit environment,” said John Paterson of Investec Capital Markets.
In June 2007, Investec Bank Ltd acquired a 25.1% equity stake in Fintech, an established participant in the debt capital markets, having undertaken its first securitisation as early as 2002. In a solution that has been tailored to enhance Fintech’s business, Investec has refinanced a portfolio of rental agreements in respect to office automation, IT, telecommunication, security and medical equipment, among others.
“The fact that the issue was well received indicates that investors remain comfortable with securitisation as an asset class and with ratings generally,” said
