Spanish securitization fund focused on financing small and medium-sized enterprises with viable business models and solid cash flows. Diversified across different industries, the fund grants financing in commercial paper format, which provides the solid base to the securitization fund structure.
Geographical focus: Spain
Product type: Commercial paper issued under a private commercial paper program
Target size: 150 million euros
Average commercial paper size: 2-2.5 million euros
Min /Max of commercial paper: 250,000 - 7.5 million euros
Exposure by sector: Diversified portfolio with a maximum exposure by sector of 20%.
Structure: Securitization Fund
Regulator: CNMV (Spain)
CNMV registration number: 191
Management company: Beka Titulización, SGFT, S.A.
Investment advisor: Beka Credit, S.L.
Fund duration: 3 years
