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Dec 29 (Reuters) - British lender International Personal Finance (IPF.L), opens new tab said on Monday it has agreed to a 543 million-pound ($732.51 million) takeover by a company associated with BasePoint Capital, finalising terms ahead of a December 31 deadline.
KBRA assigns ratings to notes issued by BasePoint MCA Securitization II LLC (the “Issuer”). BasePoint MCA Securitization II LLC issued three classes of Series 2025-1 Notes totaling $102 million.
A specialty finance platform that provides asset-based capital to originators that are not banks, BasePoint Capital, is preparing to sponsor a $102 million securitization of revenue from small business loans.