Meritz Securities W400 billion auto loan receivables financing

18/11/2015

Asset finance

Value:

W 400 billion

Dollar value:

$ 352 million

Status:

Completed

Date:

18/11/2015

Overview:

Meritz Securities has received W400 billion auto loan receivables financing from BNK Capital.
This is BNK Capital’s first successful asset-backed transaction with its auto loan receivables as underlying assets.

Katrin Kostadinova - Data analyst

Jurisdiction:

South Korea

Deal type:

Asset finance

Practice area:

Asset finance

Governing law:

South Korea

Industry sector:

Financial services

Firm:

JIPYONG

Party: BNK Capital (Lender)

Party: Meritz Securities (Borrower)

Lawyer: Yully Kang

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