Collateralized Bonds Supply European Investors Exposure to US Credit Assets
New York City, Sept. 15, 2015/ PRNewswire/– Aequitas Capital announced today the launch of two Luxembourg-listed securities, the firms first expansion into worldwide investment products.
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These 2 new Luxembourg bonds target the particular requirements of institutional European financiers who look for well-structured, high-yielding credit for their portfolios. It also showcases our commitment to supplying a large range of alternative financial investment products to the marketplace, stated Bob Jesenik, President and Chief Investment Officer, Aequitas Capital. As our business continues to grow, broadening into worldwide markets is a natural step in diversifying our profile and supplying international investors exposure to our specific niche investment strategies in US Private Credit.
Aequitas Income Opportunities SA, the issuer of the bonds, is a Luxembourg-based securitization vehicle. The bonds are listed on the Luxembourg Stock Exchange, traded on the EuroMTF market and have assigned ISIN numbers. They are open to non-US institutional investors and are eligible for UCITS funds.
Credit Bond A has a 6 % discount coupon and five-year maturity that might be redeemed yearly. Credit Bond B has an 8 % coupon and three-year maturity without any early redemption choice. Both are backed by consumer loans come fromcome from the US Aequitas Capital and its affiliates, with over $1 billion in possessions under management, are moneying a 10 % first-loss equity piece in the Luxembourg vehicle, which aligns itself with financiers. The bonds need a minimum financial investment of $1 million.
Financiers in Europe have a keen understanding of private debt and are signaling a strong interest in accessing US credit techniques to diversify their profiles and access yield, said Andy MacRitchie, Executive Vice President of Corporate Advancement, Aequitas Capital. We focus on originating specific niche private credit financial investments in the United States which are ideally placed to offer outstanding chances for overseas investors.
About Aequitas Capital
Established in 1993, Aequitas Capital is a diversified monetary services business that produces alternative investments including private equity, private credit, and specialty finance. The company leverages its network and group of market specialists to discover chances in the generally underserved sectors of healthcare, education, and financial services. Aequitas helps its portfolio companies and strategic partners reach their objectives by providing management proficiency, technology facilities, and a network of assistance services.
For more details, please visit www.aequitascapital.com.
This news release is supplied for information only. It does not purport to offer investment guidance and ought to not be counted on for the purposes of any financial investment choice. It is not an offer to sell or the solicitation of an offer to acquire shares in the securities mentioned above. Any such offer or solicitation can only be made by means of a prospectus when it is readily available and just in those jurisdictions where it is allowed by law. A financial investment in the securities discussed herein is speculative and is not appropriate for all investors.