Danaharta hands ABS mandate to Deutsche and Alliance

Deutsche Bank and Alliance Merchant Bank have been selected as lead managers for Malaysia''s Danaharta''s debut ABS.

Danaharta, the Malaysian state-run asset management company AMC, has finally selected its advisers for what should be a high profile securitization scheduled for the second half of this year.

Deutsche Bank and Alliance Merchant Bank have been mandated to structure and lead manage the transaction. Danaharta has the responsibility of cleaning up the country's non-performing loans NPLs.

Deutsche fended off competition from Merrill Lynch and Credit Suisse First Boston to win the international advisory position.

It is the second time the bank has been brought in to advise an Asian AMC on an asset-backed securitization ABS, following its involvement with the Korean Asset Management Company Kamco on a successful...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222