Citigroup designs trade receivable ABS with E.Land World

21 Jun 2007

Citigroup has begun marketing a groundbreaking securitisation of franchise trade receivables for South Korean clothing manufacturer and leisure group E.Land World.

The $96m of notes to be issued by EW Global Funding will be backed by receivables generated by E.Land World selling clothing to its 2,207 franchised stores in ...

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