Abstract
This article articulates some of the compelling features of whole-business/operating-business securitization when compared to traditional bank/bond deals. The author explains the structure of whole-business deals on a general basis and discusses the salient legal issues involved. The article identifies companies and businesses that are potential users of whole-business securitization and why this technique may become more popular over time.
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U.S. Operating-Asset or Whole-Business Securitization: An Alternative to Bank/Bond Deals
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