Siemens Financial Services (SFS) has teamed up with UK securitization boutique SecDebt to try to bring SMEs and mid-cap companies to the capital markets.
SFS and SecDebt reckon that between them they can cut the cost of issuing bonds backed by invoice debt in trade receivables-style deals.
?Treasurers who are managing maybe £10 million of debt on their balance sheet at any one time fall short of the investment banks? radar screen for inclusion in pools of debt to back capital markets issues,? says SecDebt CEO Alastair Malcolm. ?Securitization has been around...
