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Bemo Securitization

Organization name
Bemo Securitization SAL (BSEC)
Country name
Lebanon
Country of registration
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Industry
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Public debt
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Profile

Bemo Securitization SAL (BSEC) is proud to announce the successful closing of TGF Star SIF, T. Gargour & Fils SAL first securitization transaction the exclusive distributor for the Levant of Mercedes-Benz passenger and commercial vehicles, as well as other car brands, including Smart, Chrysler, Dodge and Jeep. Click on TGF Star - PR- English - 03 Oct 12.pdf to download file. Building on its successful closing of auto loan securitization transactions, BSEC has launched a new asset-backed transaction for T. Gargour & Fils (TGF. The main purpose of the transaction is to enable the company enhancing the structure of its clients’ portfolio, from a financial and credit perspective, as well as to create an off-balance sheet financing platform to better manage its portfolio of credit sales.

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