July 5, 2018 / 6:09 AM / in 4 months

BRIEF-Code Investing strikes loans JV with BNP Paribas Asset Management

July 5 (Reuters) - Code Investing Enters Into Strategic Partnership With Bnp Paribas Asset Management:

* TO ORIGINATE SME LOANS

* BNPP AM WILL INVEST IN LOANS TO SMALL BUSINESSES ORIGINATED THROUGH CODE INVESTING, UK’S INSTITUTIONAL MARKETPLACE FOR SME DEBT.

* AS AN ORIGINATION PARTNER TO BNPP AM, CODE INVESTING WILL PROVIDE DIRECT LENDING ACCESS TO UNSECURED SME LOANS OF BETWEEN £500,000 AND £5 MILLION.

* PLATFORM IS CURRENTLY OPERATIONAL IN UK, WITH PLANS TO DEPLOY ACROSS OTHER MARKETS IN CONTINENTAL EUROPE. Source text for Eikon: Further company coverage: (Reporting By Sinead Cruise)

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