Repackaging programme
A secured medium term note programme created by an espievie captive to the demands of a broker/dealer and used to sell securitized structured products.
The best ever repackaging programme was Goldman Sachs International's “MaJoR” multi-jurisdictional repackaging programme which, as its name suggests, was (and as far as I know, is) as cool as Jon and Ponch.
You know, the ones from TV’s “CHiPs”[1]
- ↑ Youngsters: Let me Google that for you.