A-A+
ABBB-ratedcorporationwishestoissuedebttofinanceitsoperationsatthelo
问题详情
ABBB-ratedcorporationwishestoissuedebttofinanceitsoperationsatthelowestcostpossible.Ifitdecidestosellapoolofreceivablesintoaspecialpurposevehicle(SPV),itsprimarymotivationismostlikelyto:A.allowthecorporationtoretainafirstlienontheassetsoftheSPV.
B.segregatetheassetsintoabankruptcy-remoteentityforbondholders.
C.receiveaguarantyfromtheSPVtoimprovethecorporation’screditrating.