Container ship

TRAFIN relaunched

Category: Capital Relief Trades ABS

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Deutsche Bank replaces trade finance CRT

Deutsche Bank has refinanced its TRAFIN 2015-1 deal with the issuance of a new trade finance capital relief trade dubbed TRAFIN 2018-1. The US$216.125m five-year CLN references a US$3.5bn trade finance portfolio.

Deutsche Bank called and replaced the 2015 transaction last month with a new deal in order to lock in a better coupon.

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