CFS Legal Guledani & Partners advised Caucasus Auto Import and CFS Investment Bank on first ever securitization transaction in Georgia. Our firm provided full legal coverage and pioneered an innovative legal framework for a unique ABS transaction envisioned by our clients. USD 600,000 senior debt obligations issued by JSC Auto Finance (SPV) for public placement are backed by a revolving portfolio of over 100 individual cash receivables with an average maturity of 2 months. The Issue is admitted for trading to the Georgian Stock Exchange (Reg.: GE2700603170, ISIN GE000AOTX2J9) and included in the Bloomberg system (Ticker: GEOAF 2008-1). This is a landmark transaction motivating new opportunities for ABS and other structured finance transactions for numerous asset classes in Georgia.
ABS Investor Presentation