Frank J. Fabozzi
Using Securitization as a Corporate Funding Tool
QFinance, 2014
What's inside?
Credit rating agencies and investment bankers can turn a BBB-rated company’s assets into AAA-rated funding.
Recommendation
This concise report from corporate finance expert Frank J. Fabozzi makes the case that securitization is still a good funding option for companies. His clear, informative primer explains the alphabet soup of securitization terminology (SPE, CDO, ABS, MBS) and shows nonfinancial firms how to lower their cost of debt while better managing their risk. getAbstract believes that corporate treasury and finance executives considering a dip into the securitization market will find this useful introductory text delivers a good return on their time investment.
Summary
About the Author
Frank J. Fabozzi is a finance professor at France’s EDHEC (École des hautes études commerciales du nord) and the author of several well-known books on finance.
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