Leveraging corporate assets in the Cayman Islands
The Cayman Islands has been dealing with capital markets and structured finance transactions for a global client base of institutional clients for several years.
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
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