Artis Finance (“Artis”), a leading NBFI, is delighted to announce it has once again obtained an investment grade rating for its bond programme. Kroll Bond Rating Agency Europe (KBRA) has affirmed Artis’ ‘BBB-‘ rating on its secured Bond programme, reflecting the strength of the Artis offering, as the company continues to develop its receivables-backed bond programme. Through the pioneering initiative, a first of its kind in the industry, fixed income investors are able to buy listed, tradable bonds, all of which are backed by a diverse range of credit-insured receivables finance transactions involving midmarket corporates. HSBC is acting as private placement agent on the US$1bn secured notes programme. To date, Artis has tapped the market for hundreds of millions of dollars in liquidity, highlighting appetite among investors for this innovative new product. Waldo de Vleeschauwer, Artis Finance’s CEO, commented: “We are delighted to have once again secured an IG rating from KBRA, this time for our 4A2 issuance. Our bond programme has gone from strength to strength, having only launched in 2020.”
About Artis Finance
Artis Finance is a leading Non-Bank Financial Institution with backing from major institutional investors, including private equity firm TDR Capital, tier-one investment banks and pension funds. Headquartered in London, our private debt programmes are geared towards midlevel corporates and multinational firms operating in key markets for cross border trade – such as Europe, Asia, and the Americas – who are seeking to optimise their working capital arrangements and grow their business.