Synthetic securitization and structured products have revolutionized the financial industry and changed the way banks, institutional investors, and securities traders do business both domestically and globally. However, these complex structures are often misunderstood and easy to mishandle. This book uses global case studies to explain how they work and how best to capitalize on them.

Since the subprime economic crisis began in 2008, much has changed in the way securitization transactions operate. Highly leveraged products have become less popular as investors search for safer, simpler options while regulators the world over have increased regulation over securitization transactions. This new edition of Securitization has been completely updated to reflect these changes, offering an up-to-the-minute look at the current state of securitization.

• Updated to reflect the latest regulatory and accounting changes



• Includes an accompanying website with access to Excel spreadsheets for cash-flow models and other resources



• Features international case studies from European, South American, and Asian transactions, making this book useful for a global audience

For anyone who wants to understand how securitization works and how best to utilize it, Securitization offers comprehensive, up-to-date coverage of these complex transactions.