Danaharta, the Malaysian state-run asset management company AMC, has finally selected its advisers for what should be a high profile securitization scheduled for the second half of this year.
Deutsche Bank and Alliance Merchant Bank have been mandated to structure and lead manage the transaction. Danaharta has the responsibility of cleaning up the country's non-performing loans NPLs.
Deutsche fended off competition from Merrill Lynch and Credit Suisse First Boston to win the international advisory position.
It is the second time the bank has been brought in to advise an Asian AMC on an asset-backed securitization ABS, following its involvement with the Korean Asset Management Company Kamco on a successful...
