Deutsche Bank Closes First Rated Subordinated Microfinance Deal

21 Sep 2007

Deutsche Bank recently closed the first-ever rated securitization of subordinated microfinance loans, only the second microfinance transaction to be rated.

—Hugh Leask

Deutsche Bank recently closed the first-ever rated securitization of subordinated microfinance loans, only the second microfinance transaction to be rated. The deal, db Microfinance-Invest Nr. 1, weighs in at €60 million ($84.5 million) and is backed by loans made to 21 microfinance institutions in 15 developing or ...

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