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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