Structured finance on the RAC —Clarity not willingness from S&P
Standard & Poor’s has underlined its reluctance to issue RACs to securitisation deals but clearer guidelines should help trustees as well as those writing new issue documentation. It’s the best the market can hope for.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts