IIG Trade Finance Completes a Pioneering Trade Finance Securitization

2014.02.11 09:06:09

[By NBC-1TV H. J Yook]IIG Trade Finance (www.iigtradefinance.com) is pleased to announce that it has completed a pioneering securitization of non-bank Latin America-based trade finance loans. The resulting Cayman Islands-based company, Trade Finance Funding I, Ltd., has issued $220 million of Collateralized Loan Obligations (CLO) that were structured, arranged and placed by Deutsche Bank Securities (www.db.com/index_e.htm), Inc. (“Deutsche Bank”) and will be managed by The International Investment Group L.L.C. (www.iigcapital.com), an SEC Registered Investment Advisor.

Trade Finance Funding I, Ltd. which focuses on the Latin American agriculture and soft commodity industries, provides unique investment opportunities in trade finance, as well as additional liquidity to the commodity trade finance market. Trade finance is an asset class that has been traditionally dominated by large, international banks and other financial institutions. ”The CLO space is a natural extension of our trade finance business and we are very happy to be working with the Deutsche Bank team on this new securitization product,” said Martin Silver, Co-Managing Partner and Co-Founder of IIG Trade Finance. “This offering not only represents a milestone for us but also creates an important new source of trade finance funds for the traditionally underserved business segment of small and medium-size businesses.”


By H. J Yook hjyook@nbc1tv.com
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