Future Flow Securitizations and Synthetic Commodity-Based Project Finance
Book: Structured Finance and Insurance: The ART of Managing Capital and Risk Author: Christopher L. Culp Publisher: Wiley Finance, 2006 ISBN: 978-0-471-70631-1
Book: Structured Finance and Insurance: The ART of Managing Capital and Risk Author: Christopher L. Culp Publisher: Wiley Finance, 2006 ISBN: 978-0-471-70631-1
The first half of Chapter 2 covered how SPEs are set up, where they’re domiciled, and how repackaging structures work. This half gets into the specific types of trusts and conduits used in U.S. securitization – and into a harder conversation about what “bankruptcy-remote” actually means in practice.
Book: Structured Finance and Insurance: The ART of Managing Capital and Risk Author: Christopher L. Culp Publisher: Wiley Finance, 2006 ISBN: 978-0-471-70631-1