Greek shipping ABS boosts liquidity

Category: ABS


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Alpha Bank has successfully completed a US$250m true sale securitisation via Citi, its second such transaction in three years. The non-recourse four-year term deal diversifies liquidity access for the lender, and is one of the very few shipping securitisations globally.

Greek banks have encountered challenges in accessing interbank market funding following the Greek crisis of 2010-2015.

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