According to market sources, it is one of two deals being tipped as close to being finalized, with a transaction by Ukrsotsbank also in the pipeline. This activity is indicative of intense interest from Ukrainian banks in raising funds in the capital markets to finance their growing loan portfolios.
“Privatbank is definitely on track for the securitization,” says an investment bank analyst in the Ukraine. “There is no time line, but I would not be surprised if the deal was launched in January or February.”
The deal will probably be backed by a portfolio of consumer or auto...
