HT WORKING CAPITAL 1
Type of ratings: Structured Finance ABCP
Rating value: A+(sf)
Outlook: No Trend
License: EthiFinance Ratings
Solicited
EhtiFinance Ratings affirms HT WORKING CAPITAL 1 A+(sf) rating. HT WORKING CAPITAL 1, is a compartment securitization fund implemented under Note programs ("Notes"). The fund is open for both assets and liabilities sides, renewable and expandable and set up with the purpose of financing the acquisition of receivables derived from factoring receivables. At the date of incorporation, the Fund is set up with the first compartment (HT WORKING CAPITAL 1) through which TRADE & WORKING CAPITAL, S.A.U, will assign receivables derived from factoring receivables and whose collection is guaranteed by means of a credit insurance policy signed with EULER HERMES, S.A.
Ratings
Rating action: Affirmed
Action date: 2023-02-20
Date last rating: 2023-02-20
Date first rating: 2020-12-03
