Franchise Fee Deals Tighten Up On Credit Quality

16 Jan 2008

Franchise fee securitizations are tightening the screws on credit quality in response to the credit crunch that hit the market last summer.

-- Olivia Thetgyi

Franchise fee securitizations are tightening the screws on credit quality in response to the credit crunch that hit the market last summer. Upcoming deals may shorten extensions to interest-only periods, add performance triggers and become less reliant on monoline-provided wraps, according to Dan Chambers, managing director ...

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