China Issues World's First ABS Deal Backed By Sewage Disposal Money From PPP |
| March 27, 2017 | March 2017 Bond Updates |
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The new sewage disposal fee-backed ABS transaction listed on InterOTC is a breakthrough. First, it feels like a real deal, not just a "show deal" to prove ABS capability. Second, the transaction structure contains the germ of many ideas that could be used in infrastructure finance outside China. |
| View more at: http://www.forbes.com/sites/annrutledge/2017/03/27/when-sewage-equals-credit-no-1/ |
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