AOFM to deploy first ABSF funds

AOFM to deploy first ABSF funds

AOFM to deploy first ABSF funds

Apr 03 2020
The AOFM has announced that Judo Bank will be the recipient of the its first ABSF investment to support small-business lending.It intends to invest the first tranche of $250 million in securities issued by a warehouse vehicle sponsored by Judo Bank.

The AOFM also intends to invest a further $250 million in a different security class issued by the same warehouse facility on a temporary basis. These funds will be allocated from the Structured Finance Support Fund (SFSF).

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