Commerzbank Corporates and Markets is tackling the conundrum of how to finance the Mittelstand by setting up the first Schuldschein securitization programme.
Commerzbank will pool the two- to five-year, €500,000 to €5 million funding needs of different small and middle-size German enterprises to create securitizable portfolios. It launched the origination phase on July 8, and expects the first ABS issues next...
