Changing with the times (TT Mar03 44-45)

Securitisation is not seen as a mainstream source of finance by most CFOs and treasurers. There are many reasons, in fact, why companies would see it as financing method of last resort. However, in this article we challenge this perception and set out some recent developments that will bring securitisation back onto the agenda for treasurers, whether your business is highly rated or sub-investment grade.