Clifford Capital launches platform for Asian infrastructure debt
The Temasek-backed structured finance solutions provider aims to mobilise a new pool of institutional capital
Singapore
FOLLOWING the success of its pilot issuance of Asia's first infrastructure project finance securitisation last year, Temasek-backed Clifford Capital now has plans to set up a platform to mobilise a new pool of institutional capital for infrastructure debt in Asia.
Also the first of its kind in this region, the platform is expected to be capitalised at US$1.98 billion, comprising US$180 million in equity and US$1.8 billion in debt issuance capacity.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Barclays prices mortgage-backed notes in deal with GoldenTree
TD risks an earnings hit from US laundering probe, analysts say
BNP weighing up to 150 job cuts in Geneva to slash costs
Bitcoin’s wild price swings point to the rising influence of ETF buyers
Citi says European authorities are scrutinising 2022 flash crash
ADB agrees to US$5 billion funds replenishment with donors