Jangseungbaegi Station Area Development First Co., Ltd.
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A special purpose company created for the Jangseungbaegi Station area development project. It raises development funds by issuing asset-backed short-term bonds based on PF loan receivables and participates in the station-area development project through a loan agreement with the Sangdostarium local housing cooperative.
Jangseungbaegi Station Area Development First Co., Ltd. at a glance
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Jangseungbaegi Station Area Development First Co., Ltd. is a special purpose company for a station-area development project in Seoul. It finances the project by securitizing PF loan receivables and issuing ABSTB instruments.
- Industry: Securities Finance
- Related business areas: Development, Issuance of asset-backed short-term bonds (ABSTB), Construction, Financial services
- Products and services: PF loan receivables securitization, Asset-backed short-term bond (ABSTB) issuance, Station-area development project financing
- Related keywords: development funds, securitized short-term, short-term bonds, fund raising, bond abstb
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