IFMR Capital structures India’s first collateralised bond obligation
In keeping with its mission of providing access to debt capital for financial enterprises serving the financially-excluded communities, IFMR Capital today announced India’s first collateralised bond obligation (CBO) – the IFMR CBO I of Rs 98 crore, comprising multi-issuer pooled non-convertible debentures.
IFMR Capital completes its largest Multi-Originator securitisation transaction
IFMR Capital recently structured and arranged two Microloan Securitisation transactions – Aether IFMR Capital 2011 involving a single originator Grameen Financial Services Private Limited (Grameen Koota) and MOSEC 7, a multi-originator securitisation transaction involving seven Non-Banking Finance Companies.
The rich invest in the poor
The recent securitisation transaction completed by IFMR Capital was a landmark deal in the microfinance sector. It was a Rs. 108 Mn rated securitisation transaction backed by microloans originated by Grama Vidiyal Micro Finance Limited.
IFMR Capital advises Sahayata Microfinance in raising Rs. 195 Mn through NCDs
Udaipur-based Sahayata Microfinance has raised INR 195 Mn through the issuance of listed, secured, redeemable, non-convertible debentures (NCDs), which have now been purchased by DWM (Cyprus) Ltd.,
IFMR Capital completes two securitisation transactions
IFMR Capital recently completed two securitisation transactions. Eta Pioneer with Trichy based Grama Vidiyal Microfinance Limited, and Theta Pioneer with Satin Creditcare Limited.
IFMR Capital structures Rs.1.06 billion securitisation with Equitas
IFMR Capital recently structured, arranged and co-invested in a Rs. 1,063.8 million securitisation, backed by 105,422 microloans originated by Chennai based MFI, Equitas Micro Finance India Private Limited.
