Capital against the asset
Long-term capital raised against their assets, while they keep the assets and run the business.
Corporate finance and debt capital markets
Institutional capital, sized to the asset.
Exchange Trust helps asset owners raise long-term capital against valuable but hard-to-finance assets. The Borrower keeps the asset and full control of its business. The notes are issued under the eDCMP™, our debt capital markets programme, from a securitisation fund in Luxembourg.
01 At a glance
The firm in six figures
Exchange Trust grew out of more than a decade of trade and project finance work in Africa. In 2026 it added a Fund Manager and a securitisation fund in Luxembourg. The figures below are design ranges and planning durations, confirmed for each Transaction.
2013Founded in Cape TownRegistration 2013/033896/07
2026Fund Manager registered in LuxembourgRCS Luxembourg B308970, 18 June 2026
9Industries, each with a defined collateral testProgramme documentation, September 2026
USD 10m to 250mTypical raise per Series. Larger programmes run as sequenced SeriesDesign range, confirmed per Transaction
3 to 7 yearsTypical Term, longer for infrastructureDesign range, confirmed per Transaction
23 to 28 weeksProgramme plan, from data room to first capital releaseProgramme plan, October 2026
02 The gap we close
Bond market access below USD 200m
Bond markets offer the cheapest long-term money, but mostly to the largest borrowers. A public issue through a large investment bank usually starts at about USD 200m and assumes a balance sheet of about USD 500m. The eDCMP brings the same investors, rating agencies, listing venues and insurance markets to raises from about USD 10m per Series.
eDCMP SeriesPer Series, larger raises in sequence
Public bond, large bankSingle issue
The eDCMP manufactures the credit story rather than requiring the client to have it. Exchange Trust
03 Who the programme serves
Four parties, one programme
Each Transaction joins a Borrower that needs long-term capital with qualified investors, reached only through authorised intermediaries. Sponsors use the programme to fund a pipeline. Creditors use it to exit a restructuring at a price they accept.
One agreement, many Transactions
One programme agreement that funds a series of Transactions, instead of raising each one separately.
An exit from a restructuring
A tradable exit through the junior classes of a listed note, at a price they accept.
Access to new Borrowers
Asset-backed notes from Borrowers they could not otherwise reach, through the authorised intermediary appointed to each Transaction.
04 What we do
From first assessment to last coupon
One team holds the client relationship for the whole Term. The Transaction Arranger, authorised intermediaries and appointed Service Providers fill the specialist roles, such as pricing, placement and trusteeship. Exchange Trust coordinates them.
1
Assess
Asset, jurisdiction, business and management
2
Structure
Compartments, collateral and reserves, then the Instrument terms
3
Insure and rate
Cover from a rated insurer, where wrapped
4
Issue and place
Listed notes, placed by authorised co-arrangers
5
Run
Payments, reserves and reporting for the Term
05 How we work
Principles we work by
Complex Instruments call for plain conduct. Three principles govern how Exchange Trust presents itself, runs a Transaction and states a fact. A client can hold us to each of them.
Discretion
We present the firm and the meeting, never an Instrument. Commercial terms are set out in the meeting, under a non-disclosure agreement.
Accountability
A named person answers for every step of a Transaction. Technology supports the analysis, and accountability stays with people.
Evidence over adjectives
Every claim traces to a document, a score or a date. Where a fact is not yet proven, we mark it “to be confirmed”.
Next step
Start with a meeting
Exchange Trust presents the firm and the programme in person or by video call. Commercial terms are set out in that meeting, under a non-disclosure agreement. Bring a short description of the asset, the amount you need and when you need it.