European Trade Receivables Securitization

February 17, 2010

In recent times, trade receivables have re-emerged as a favored asset class among securitization market players, in part due to their short maturities, traditionally straightforward deal structures, and a historic ability to provide companies that have less than top-grade credit with access to the capital markets. Today, as the global securitization market recovers, we expect these assets to remain in demand, and in this update we offer a short explanation of certain issues which may emerge in the context of multi-jurisdictional European trade receivables facilities.

Read more »