Quantcast

Japanese bank extends overdraw credit to ABCP conduit

Mizuho Corporate Bank, a Tokyo-based commercial bank, has granted its asset-backed commercial paper conduit, Allstar Funding Corp., the ability to fund asset purchases by overdrawing on asset-backed, limited-recourse loans through a bank overdraft agreement.

This is an unusual feature for Japanese banks, and is a crucial one for Allstar...

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.