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Corporate Structure / Subsidiary Companies |
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Banchile Securitizadora S.A.(Securities)
Banchile Securitizadora S.A. positioned itself in 2004 as these curitizing firm with the largest number of transactions placed during the year, maintaining seven bond issues, with their respective asset funds, for a total of approximately US$280 million.Bonds issued during the year amounted to around UF2 million, notable being the placement of two bond issues whose underlying asset is rights over future payment flows (invoices), being the only securitizing firm in the market that has carried out this type of transaction.
It should be mentioned that securitization services, which allow customers to transform low-liquidity assets into debt instruments with a credit rating, represent a modern and satisfactory solution for companies with securitizing portfolios like mortgage loans, credit cards, leasing agreements, automobile loans and accounts receivable. |
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