AfDB and partners’ innovative Room2Run a model for global lenders
Room2Run, the African Development Bank (www.AfDB.org) and partners’ innovative US $1 billion synthetic securitisation of a portfolio of seasoned African Development Bank private sector loans, will serve as a model for other lenders, help reduce costs, and shorten execution time, finance experts told participants at a workshop on Saturday. The landmark securitisation instrument, a first for any…