A debt shared is a risk reduced
Language: English Series: Estates Gazette ; (0615) 15 April 2006, 126-128(3)Publication details: 2006Subject(s): Summary: Shows how mortgage securitisation can enable property-owning organisations with strong covenant strength to reduce borrow costs. Describes the three kinds of modified leaseback lease: assignment rating test leases, non-assignable leases and triple net leases and their creation. Explains what real estate debt securitisation is and provides a chart demonstrating the effect of the nature of tenant and lease on borrowing costs and bond rating.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L133216 (Browse shelf(Opens below)) | 1 | Available | 133216-1001 |
Shows how mortgage securitisation can enable property-owning organisations with strong covenant strength to reduce borrow costs. Describes the three kinds of modified leaseback lease: assignment rating test leases, non-assignable leases and triple net leases and their creation. Explains what real estate debt securitisation is and provides a chart demonstrating the effect of the nature of tenant and lease on borrowing costs and bond rating.