“Ashid Capital NBFI” LLC, through its special purpose company “Ashid Capital Asset SPC” LLC, is issuing MNT 40.0 billion worth of asset-backed securities backed by auto fiduciary loans (loans secured under a fiduciary agreement whereby ownership of the asset is transferred to ensure performance of obligations) with an annual interest rate of 18%. “MIK HFC” LLC is acting as the asset trustee for these securities.
The primary market trading of these ABS opens on August 7, 2025.
Terms of the Asset-Backed Securities:
Underwriter:
Participants:
“Ashid Capital NBFI” LLC, through its special purpose company “Ashid Capital Asset SPC” LLC, is issuing MNT 40.0 billion worth of asset-backed securities backed by auto fiduciary loans (loans secured under a fiduciary agreement whereby ownership of the asset is transferred to ensure performance of obligations) with an annual interest rate of 18%. “MIK HFC” LLC is acting as the asset trustee for these securities.
The primary market trading of these ABS opens on August 7, 2025.
Terms of the Asset-Backed Securities:
Underwriter:
Participants:
