AVLA - Social Housing Financing

in implementation

The proposed project includes a financing mechanism that will consist of a senior, secured, revolving warehouse facility of up to US$50 million, whose proceeds will be used to purchase and accumulate eligible endorsable mortgage loans or other similar instruments granted to individuals, with a particular focus on diversity and inclusion, for future total or partial asset-backed securitizations in the Chilean capital markets. The transaction will support and improve certain diversity and inclusion segments access to financing in Chile, narrowing the current financing gap that is increasing due to the COVID-19 crisis, and will help further expand debt capital markets in the country through new issuances of asset-backed securities. The proceeds from the line will allow