ExteNet breaks new ground with wireless infrastructure ABS

摘要

EXTENET SYSTEMS has broken new ground with a securitisation of cashflows from distributed network systems, which bankers hope will pave the way for ABS to be a key funding tool for the roll-out of 5G wireless technology. ExteNet's US$368m securitisation, priced on June 26, is an important step as issuers seek ways to fund the "last mile" infrastructure that supports the transmission of mobile data networks in dense urban areas.