Lumos and OPIC close first funding round

Amsterdam, 11 July 2016. Lumos Group has closed its first funding round provided by the Overseas Private Investment Corporation (OPIC). The U.S. Government’s Development Finance Institution signed an agreement on 1 July 2016 recognizing a $15 million commitment by OPIC to finance Lumos’ expanding business as  an off-grid electricity provider that brings solar electricity to homes and […]

Shai KuttnerPartner, Synergy Business Lawyers

Securitization in Luxembourg

By “securitisation” is meant the operation by which a securitisation vehicle acquires or takes on risks linked to loans, goods or liabilities accepted by a third party by issuing transferable securities the value or yield of which is dependent on these risks. Practically speaking, a securitisation operation consists of bringing together a group of assets […]