Premier Auto Financing has many auto loans that it would like to package and sell to investors
Question:
Premier Auto Financing has many auto loans that it would like to package and sell to investors as promissory notes. It can negotiate these notes through their sale to a special purpose vehicle that will then sell bonds backed by the notes to investors. This is known as:
a. Refinancing.
b. A leveraged buyout.
c. Securitization.
d. Restructuring.
e. Recapitalization.
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Related Book For
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
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