Burger Chain Tests Blockchain Deal

In the Sept. 20 issue of Asset-Backed Alert (see below for PDF of full article), Cadence was highlighted for its role in FAT Brands’ (NASDAQ: FAT) upcoming $30 million whole-business securitization.

“The format would enable investors to access a higher level of data about the deal, including the identities of other bond holders. Cadence founder Nelson Chu, meanwhile, said his company’s mandate encompasses lead structuring, syndication, closing and post-settlement duties.”

About Cadence

Cadence is the leading digital securitization and investment platform for private credit. The company has developed a suite of software and services to streamline the securitization process from end to end. Cadence is the only platform built with both institutional and retail investors in mind, integrating directly into their existing workflows with high-yield, short-duration investment products.

[This archived post was released at a time when Percent was formerly known as Cadence.]

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