Who can invest in commercial paper for an Arka Projects origination deal?
Arka Projects has signed an agreement to originate un-rated commercial paper for distribution by an international broker to the international brokers database of institutional investors. This is to address demand for investment in good quality companies able to generate cash flows to service principal and interest obligations in growing economies. The demand for our services is driven by tight monetary conditions in high growth countries such as China where fundamentally sound businesses are caught by ongoing economic restructuring initiatives launched. These middle market business owners need cash to support business operations and growth plans. Largely, these middle market firms un-rated companies which are not serviced by the investment banks but are of a certain size, and have good operating prospects. These companies are the target market for un-rated commercial paper issuance. Arka Projects plays the role of financial adviser to these companies to structure the offerings. The int