African Development Bank and partners´ innovative Room2Run securitization will be a model for global lenders ...
(WorldNews Environment)

Sharing the lessons learned will shorten the path for other MDB’s Room2Run, the African Development Bank (www.AfDB.org) and partners’ innovative US $1 billion synthetic securitization of a portfolio of seasoned African Development Bank private sector loans, will serve as a model for other lenders, help reduce costs, and shorten execution time, finance experts told participants at a workshop on Saturday. The landmark securitization instrument, a first for any multilateral development bank, has been described by investors as a “strong market fit.� The instrument offers other multilateral development banks and investors a roadmap for innovative financing and new ways to...