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A BBB-rated corporation wishes to issue debt t
问题详情
A BBB-rated corporation wishes to issue debt to finance its operations at the lowest cost possible. If it decides to sell a pool of receivables into a special purpose vehicle (SPV), its primary motivation is most likely to:
A. allow the corporation to retain a first lien on the assets of the SPV.
B. segregate the assets into a bankruptcy-remote entity for bondholders.
C. receive a guaranty from the SPV to improve the corporation’s credit rating.