Bemo Securitisation (BSEC) has closed a securitization fund, valued at 16 billion Lebanese liras ($10.6 million), which was issued for Rasamny Younis Motor Co. (RYMCO). The fund, called RYMCO Drive IV SIF, is the first lira-denominated securitization fund launched on the local market.
BSEC said in a statement. "The decision to have the issuance denominated in liras is a response to the excess LL liquidity we recently noticed on the market."
"The issuance has been well percei...
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BSEC said in a statement. "The decision to have the issuance denominated in liras is a response to the excess LL liquidity we recently noticed on the market."
"The issuance has been well percei...
Article details
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