Primary market trading of Asset-backed securities issued by “Simple Asset SPE” LLC with a coupon rate of 15%, 18- month maturity, and a par value of MNT 100,000 went successful, and MNT 50 billion was raised.
During the primary market trading a total of 254 investors subscribed for 500’000 asset-backed securities worth a total of MNT 50’000’000’000 /fifty billion/ and the primary market subscription was closed at the issuer's request.
Moreover, from the total of 254 investors that participated in the primary market trading there was 1 strategic investor subscribes for MNT 30 billion and 250 other investors subscribed for MNT 20 billion.
MONGOLIAN STOCK EXCHANGE