Project description
and objectives:
|
The proposed securitisation project would refinance residential mortgages
previously purchased by AHML.
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Transition impact:
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Securitisation is an important source of refinancing. The proposed project
would use a domestic issuance entity as facilitated by Russian securitisation
legislation.
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The client:
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The Agency for Home Mortgage Lending (AHML) is a joint stock company owned by
the Russian Government. It is one of the largest re-financiers of residential
mortgages in Russia.
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EBRD finance:
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EBRD would invest in any proposed mezzanine bonds denominated in RUB and
securitised by a portfolio of residential mortgages.
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Total project cost:
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To be confirmed.
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Environmental impact:
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There are no environmental risks associated with the retail lending, therefore
there will be no specific environmental requirements associated with this
operation.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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Tõnu Pekk
EBRD, Financial Institutions
Tel: +44 20 7338 7516
Email: pekkt@ebrd.com
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EBRD contact:
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Charles Smith, Operation Leader: smithc@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
|
