Lebanon's BSEC ranked 16th In Islamic Bond Managers’ league table
Lebanon's BSEC - Bemo Securitisation SAL, was ranked 16th In the Islamic Bond Managers’ league table. Islamic Finance Information Service (IFIS), a Euromoney company, selected BSEC as one of several leading international Islamic Bond Managers.
As a newcomer to the Islamic Bond management market, BSEC has demonstrated its capability and innovation with the issuance of CARAVAN I Sukuk, the world’s first Shariah compliant auto fleet securitisation.
BSEC is a Lebanon based financial institution specialized in investment banking, with a focus on securitisation and cross border structured finance. BSEC has a notable track
record in closing innovative and groundbreaking securitisation deals having largely contributed in lifting the profile of the MENA/GCC markets, and enriching the debate over emerging capital markets.
Recently awarded an international oil & gas mandate, BSEC’s structuring group is developing structures that further narrow the capital markets divide. "Our goal is to originate our transactions with a global view, seeking credible yielding asset classes in order to offer the sophisticated Shariah investors best in class investment products", said Iad-Georges Boustany GM of BSEC. "We are excited to compete in this evolving marketplace, and are confident of our ability and agility to match up with International bond mangers in offering our clients international standard services addressing their specific needs”, added Ibrahim A. Mardam-Bey, Executive VP Sales and Marketing. (menareport.com)
© 2004 Mena Report (www.menareport.com)
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