Including: Securitization Vehicles; Types of Securitizable Receivables; Reloading Ability; Notification; Assigning Matured Receivables; Umbrella FCCs; Offshore Trade Receivables
Future receivables can now be securitized under new legislation. These are an attractive type of asset for companies, and under the new law are now easier and more efficient to use.
This update outlines the legislative framework that governs debt mutual funds and the securitization of corporate receivables.
Structural subordination and contractual subordination are both important elements in the financing of leverage buy-outs in France. This update lists the pros and cons of each, as well as the legal conditions attached.