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Chilean tuition deal becomes ABS freshman

Chile's ABN Amro Securitizadora has slated the country's first securitization in the education sector for pricing May 9. Amounting to 1.0 million inflation-indexed units (UF) (US$24.4 million), the transaction is backed by future college tuition receipts. The originator, Universidad Diego Portales, is transferring into a trust rights to collect...

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