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 […]
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 […]
The SOPARFI (Société de Participations Financières) is not a special type of company but an ordinary commercial entity governed by common law, specifically the 1915 Law on commercial companies. It does not enjoy any special tax regime and is fully taxable. There are no restraints on its field of activity. A Soparfi can, however, significantly […]