Securitization under scrutiny

This has been a tough year for corporate issuers in Australia's securitization sector – battling with ratings agencies, accountants and reams of paperwork in a post-Enron environment has been time consuming if nothing else. But however high the fees, securitization makes for cheaper funding at the end of the day and is without doubt worthwhile, concludes the panel of a roundtable discussion hosted in Sydney by Asiamoney's Fiona Haddock.