EXCLUSIVE: obligatecom says French sustainable agriculture company Lamar Olive Oil has issued the first EUROe-denominated bond on its DeFi platform. willcanny99 reports.
The French company’s bond is the first issuance to be denominated in Membrane Finance’s EUROe, which the company says is theThe underwriting and structuring process, including credit evaluation and ongoing risk monitoring was conducted by Obligate’s credit rating partner Credora, the company said.
Smart contracts replace the role of the issuer and paying agent in the settlement layer of a traditional bond issuance.
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