LatAm Structured Credit Strong in 2013: Moody’s

LatAm Structured Credit Strong in 2013: Moody’s

Argentina Brazil Mexico Structured Finance

The credit quality of new structured finance transactions in Argentina, Brazil and Mexico, LatAm’s three most important securitization markets, should be strong in 2013, according to Moody's. In Brazil, new transactions will benefit from more selective underwriting on the part of sponsors. Also, new regulations will require transactions to have structures that eliminate commingling risk entirely. Sellers will no longer be able to commingle cash belonging to the securitization with their own acco

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