EBU Single Rulebook Q&A 18 August 2020 2020_5454 Synthetic securitisatios
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European Union · · · 17-12-2021
Can ‘vendor financing’ constitute a synthetic securitisation? “Vendor financing” can be described as follows: A manufacturer sells its products to his own off takers but would like to see its invoices paid at short notice while his off takers need longer payments terms.
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