KLS Securities Launches A Venture In Hong Kong To Securitize Trade Receivables
KLS Securities LLC announces the establishment of a Hong Kong based venture (KLS Trade Finance Products Limited) which will enable our clients to invest into baskets of trade receivables as well as acquire the risk/reward of claims under individual contracts.
This project was conceived in collaboration with our commodities trading partners and is aimed at providing additional investment opportunities to our risk-friendly clients, including special recovery funds and collection agencies.
Initial focus of the project is on short to medium term debt owed by Kyrgyz based exporters under export contracts (agriculture, textiles, mining industry).
The Hong Kong company is currently not issuing negotiable instruments to the general public and is not soliciting any investment from outside of KLS Securities’ client circle.