Dec 2015 ques 4

This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.

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March 4, 2016 at 8:42 pm #303494
flippy
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Dear Sir,
In securitisation..what does it mean by15% of the collateral value to support a tranche of B-rated fixed rate loan notes offering investors 12%

Thanks!
March 5, 2016 at 10:00 am #303547
John Moffat
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It means that 15% of the value of the investments are security for the loan notes. So the 15% and the 60% are what have determined the amount of each type of loan notes.
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