Finacity Corporation (Finacity) announces that it has successfully facilitated a MXN$750m consumer loan securitisation program of Crédito Real, S.A. B. de C.V., SOFOM, E.N.R. (Crédito Real). The securitisation was placed in the Mexican capital markets with a five-year tenor that will be secured by a portfolio of consumer loans that are deducted from the pensions and retirees of the Mexican Institute of Social Security (IMSS). The securitization has been assigned local AAA ratings by Fitch México, S.A. de C.V and HR Ratings de México, S.A. de C.V. Finacity acted as structuring agent and will serve as Master Servicer responsible for all ongoing program administration and reporting.
