Cross-border securitizations involving Canadian assets can take various forms. For example:
• U.S. originator may have sold products to Canadian customers and wants to include the related receivables (owing by Canadians) as part of an otherwise U.S. securitization.
• A Canadian originator may complete a Canadian securitization (selling to a Canadian special purpose entity (SPE)), but wants to fund it with notes sold in whole or in part to U.S. investors.
Please see full publication below for more information.