Thursday, 5th November 2009
MFSP Financial launches ARM 7.5% Asset Backed Bonds 2014
Financial services firm MFSP Financial has launched the ARM Asset Backed Bonds (Tranche 9) 7.5 per cent per annum maturing in 2014.
The bonds are issued by ARM Asset Backed Securities S.A as part of the $250 million ARM Asset Backed Securitisation Programme which is listed on the Irish Stock Exchange.
Investment into euro, US dollar and sterling is available.
The bonds invest in the alternative asset class of US senior life settlements and which is uncorrelated to stock markets and other traditional investment benchmarks.
AllInvest Company Ltd of Żabbar and Michael Grech Financial Investment Services of Victoria have been appointed by MFSP Financial as authorised intermediaries of the tranche.
For applications and a copy of the prospectus, one may call MFSP Financial Management Ltd on 2133 2200 or visit the office in Immaculate Conception Street, Msida (opposite the Workers Memorial monument).
Applications close on November 23.
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