hongkongnews.net latest rss headlines

Carro Establishes Inaugural SGD450 Million Asset-Backed Securitisation Warehouse Facility

October 22, 2026 at 05:00 AM

PRNewswire

Singapore, October 22: Carro, Asia Pacific's leading AI-enabled online automotive marketplace, has established a SGD450 million Asset-Backed Securitisation (ABS) backed by Singapore automotive loan receivables. The ABS warehouse facility serves to optimise funding and represents a key milestone in diversifying Carro's long-term capital sources.

The ABS warehouse facility is structured as a bankru

Shown as published in the source's RSS feed. IndiaAIFounders doesn't link out to third-party sites — this is the complete detail available from the feed itself.