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Citigroup to Commit Up to $250M for FundPark ABS Facility Past $1.25B

Citigroup logoCitigroup
Sig3.15Sen+4.05Env0.00Soc+2.75Gov+0.20

FundPark announced a first asset-backed securitization partnership with Citigroup, under which Citigroup will commit up to $250 million as a senior tranche investor, pushing FundPark’s total ABS facility beyond $1.25 billion. FundPark said the scale will support SME clients in global trade and digital commerce, having backed 40,000+ SMEs and disbursed over $9 billion in loans.

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