james
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Post by james on Jul 13, 2015 17:21:51 GMT
A very comprehensive list that allows the reader to "spot" the company. Well, spot the 7+ companies.  Some of the examples are more specific than others but all come from what actual companies in the business today do.
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james
Posts: 2,205
Likes: 955
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Post by james on Jul 13, 2015 17:26:42 GMT
The answer would almost certainly be no. Ratings agencies, in my experience, hate single asset securitisations. Could we structure a multi-asset investment-grade product? Probably, yes, once we get volume up. Do I consider some of our loans to be better credit than some rated bonds that I have seen in the market? Yes. Mini-bonds are heresy to me. Most of them are equity products dressed up as debt. (especially in the F&B market where the failure rate is huge). Agree about effectively equity and food and beverage, which seems gimmick-laden. Can understand why they wouldn't appreciate single assets. And single moveable assets presumably even less.
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Some of the examples are more specific than others but all come from what actual companies in the business today do.
