Security trustee

The Law and Lore of Repackaging

Repack Anatomy: Hedging exemption \| Covenant to pay \| Quoted Eurobond exemption \| Pre-enforcement \| The curious structure of an MTNIndex: Click ᐅ to expand: Repackaging

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Security trustee
/sɪˈkjʊərɪti/ /trʌsˈtiː/ (n.)
One who holds the security in a repackaging programme for the benefit of itself and the other secured parties.

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