The Firm advised CTC on multi-million securitization of trade receivables | Abou Jaoude & Associates

The Firm advised CTC on multi-million securitization of trade receivables

July 2014

The Firm advises CTC SAL (the exclusive agent of Samsung electrical home appliances and electronics in Lebanon) on a multimillion securitization structure of its trade receivables, co- arranged by Bemo Securitisation (BSEC) and FFA Private Bank. The transaction is established under Lebanese Law 705/2005 and has been authorized by the Capital Markets Authority of Lebanon.

(http://www.businessnews.com.lb/MyDesktooModule/storydetails.aspx?itemid=4242, http://www.bsec-sa.com/highlights/files/SSFund3-PR-En-07July%2004.pdf).