Securitization and structured finance post creditcrunch: a best practice deal lifecycle guide
Krebsz, Markus
Structured finance bonds are conceived as complex (due to either the underlying nature of these instruments or deliberate structuring which renders them more opaque). In addition, the majority of people working in these areas operateas well-equipped specialists in a relatively narrow part of the securitisation value chain, where it can be easy to overlook the bigger picture: the entiredeal life cycle. Demystifying the subject and presenting a coherent overview of the deal life cycle this book introduces generic best practice principles for a post credit crunch market and applies these with a holistic view across all deal life cycle stages. The book starts by taking a closer look at the reasons why the market froze during the 2007-2009 credit crisis and introduces sorely-needed best practice principles. It goes on to put these new principles topractice throughout a generic deals typical lifecycle stages, each of which are discussed in detail: strategy and feasibility, pre-close, at close, and post close. The final section of the book contains a tool box of references, tables, dictionaries, and resources.
- ISBN: 978-0-470-71391-4
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 480
- Fecha Publicación: 15/04/2011
- Nº Volúmenes: 1
- Idioma: Inglés