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Published in:
2017 | OriginalPaper | Chapter
1. Characteristics and Common Features of Structured Finance Transactions
Authors : Stefano Caselli, Stefano Gatti
Published in: Structured Finance
Publisher: Springer International Publishing
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Abstract
This chapter gives a brief introduction to the characteristics that various structured finance transactions analyzed in the following chapters have in common. It is worthwhile to consider the entire set of such transactions in order to provide readers with a general framework and to focus attention directly on aspects which characterize each one. After having described the basis of structured transactions, points of divergence with respect to usual corporate lending techniques are presented, highlighting the advantages that can be achieved from realizing a transaction following structured finance logic.