MedInvesment Bank has launched a $25 million securitization investment fund for the Kurban Group car rental company.
The ABA SEC I MSF fund has issued $25 million against Kurban's rental fleet, from companies operating in the automotive sector, mainly Middle East Car Rental, the agent of Avis Rent a Car, Fleet Management Company, the agent of Budget Rent a Car, and Allo Transport, a transportation company.
The revolving period is 3.5 years during which time the companies could a...
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The ABA SEC I MSF fund has issued $25 million against Kurban's rental fleet, from companies operating in the automotive sector, mainly Middle East Car Rental, the agent of Avis Rent a Car, Fleet Management Company, the agent of Budget Rent a Car, and Allo Transport, a transportation company.
The revolving period is 3.5 years during which time the companies could a...
Article details
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