Vivriti Capital, which runs a technology-enabled marketplace for institutional and enterprise debt. It has concluded a two-wheeler loan securitisation deal worth Rs 236 crore with the Muthoot Pappachan Group.
In a note shared by the company, Vivriti Capital said that the deal, arranged and structured by them is one of the largest securitisation deals in the two-wheeler finance space. HDFC Mutual Fund, the largest mutual funds investment company in India -subscribed to the entire issuance. The loan pool created as part of this securitisation deal has received a AA rating from CRISIL.