by
Dasarathi Rath , Sr. Accountant , Al Luban Special Investment LLC
The basic of debt securitisation process are -1. SVP ( Special purpose vehicle) is created to hold title to assets underlying security as a repository of the asset or claim being securitied.2. The originator like the primary financer or the legal holder of the assets sells the assets existing or future to the SVP.3. the SVP with the help of investment Banker, issue securities which are distributed to investors in form pass through or pay through certificate.4. The SVP pays the originator for the assets with the proceeds from the sale of securities.
