Singapore's Bayfront preps next public ABS deal.

Bayfront Infrastructure Management, backed by Singapore's sovereign wealth fund Temasek, is preparing to launch a public asset-backed securitization (ABS) later this year. This will be Bayfront's fifth ABS issuance since its debut in 2018. The company aims to do 1 or 2 public securitizations annually. Bayfront recently printed its first private placement deal and has ambitious growth targets for this year, including secondary acquisitions. Clifford Capital, the infrastructure platform jointly set up by Clifford Capital Holdings and Asian Infrastructure Investment Bank, has rebranded the entire platform under "Clifford Capital" and expanded its focus beyond transactions with a "Singapore nexus." The company aims to bring long-term capital to the infrastructure sector and has identified five key industry verticals. [Extracted from the article]