Securitization of Receivables - An Analysis of the Inherent Risks

Securitization is a modality of structured finance which allows a company to raise funds based on its receivables through capital markets. In Brazil, securitization was developed mostly in the form of mutual funds - the FIDC, which raise money by issuing senior cotes for qualified investors, and sub...

Full description

Bibliographic Details
Main Authors: José Roberto Ferreira Savoia, Fernando Antonio Perrone Pinheiro
Format: Article
Language:English
Published: Brazilian Society of Finance 2009-06-01
Series:Revista Brasileira de Finanças
Subjects:
Online Access:http://virtualbib.fgv.br/ojs/index.php/rbfin/article/view/1353