This article appears courtesy of Institutional Investor
Source: Securitization News
The South African securitization market is expected to see strong growth in 2006. After two flat years, there has been a pickup in activity this year­issuance for the first half of 2005 has been around ZAR8.2 billion ($1.4 billion), more than double the figure of ZAR3.8 billion ($650 million) for the same period in 2004. “The securitization market has grown due to the recognition that the debt capital or fixed income markets offer attractive alternative sources of term financing,” said Stephen de Stadler, managing director at Fitch Ratings in South Africa.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
