Benmelech, Effi, Jennifer Dlugosz, and Victoria Ivashina. "Securitization without Adverse Selection: The Case of CLOs." Journal of Financial Economics 106, no. 1 (October 2012): 91–113.
Securitization of loans means a bank or lender, such as an NBFC, converting its loan portfolio into securities or units and selling these units to investors. For example, take Bank A. It has a ...
Thus, based on such recently developed criteria as Fitch IBCA's "going concern" and Standard and Poor's "survival" assessment, certain entities such as banks may receive higher ratings for ...
This introduction should represent a valuable alternative to certain structures adversely impacted by the current interest deduction limitation rules, including securitization vehicles and platforms.
PennantPark Investment Corporation announced the successful closing of a $400.5 million debt securitization through its subsidiary, PennantPark CLO X, LLC. This collateralized loan obligation (CLO ...
Regulations, 2008 1. Objective 1.1. This Board Memorandum proposes amendments to SEBI (Issue and Listing of Securitised Debt Instruments and Security Receipts) Regulations, 2008 ( hereinafter referred ...