Under this multi- seller cross-border programme, a Luxembourg securitisation fund issues notes which are backed by trade receivables originated by diamond dealers based in Antwerp. The programme has several innovative features. The Loyens & Loeff team assisted with all Luxembourg and Belgian related aspects, including the structuring of the transaction, the drafting of the programme documentation and establishment of the securitisation fund.

Clarity Capital Finance is a multi-seller trade receivables finance platform administered by Clarity Capital Services NV and launched for the purpose of providing alternative financing to diamond dealers based in Antwerp and reinforcing Antwerp’s continuing role as the world’s leading diamond hub.