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Perspective
24 November 2017

Trafigura takes first dip in inventory ABS funding pool

In:
Metals and Mining, Oil & gas
With bank regulatory capital constraints tightening, serial ABS issuer Trafigura has closed its first inventory-backed securitisation in a bid to boost its non-bank lending pool. Given the competitive margin on the deal – other major commodity traders may well follow the template.

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