Mandate out for landmark Philippine housing securitization

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By Rev Hui
25 Apr 2016

Philippine property developer 8990 Holdings has picked China Bank Capital Corp to arrange and underwrite its upcoming Ps5bn ($107m) securitization of housing receivables.

Not a lot has been revealed about the trade at this stage but the deal is set to be split into three tranches.

At the proposed maximum size of Ps5bn, this is also set to be the largest housing securitization deal in the Philippines and also the first ...

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