Leveraging corporate assets in the Cayman Islands

Hybrid Structured Credit Funds: Securitisation moves into new paradigm


The typical structured finance transaction involves a debt issue made by a Cayman Islands corporation, trust or partnership known as a special purpose vehicle (SPV), which then acquires the underlying assets from the promoting financial institution.

This allows the financial characteristics of those underlying assets to be converted into readily transferable marketable debt instruments issued by the SPV. The instruments can be notes or bonds and may be rated and listed. 

Acceptance of such issues