Euromoney
Search Logout Subscribe

Bisto kids bake an exceedingly complex deal

Headline: Bisto kids bake an exceedingly complex dealSource: EuromoneyDate: April 2001 Issuer: RHM FinanceAmount: £650 millionType of issue: whole-business securitizationDate of issue: February 28Arranger: JP Morgan         Whole-business or operating-company securitization may be the latest fad in structured finance, but there is nothing new about the concept. Since the mid-1990s, specialist buy-out […]

January 1, 2000

Headline: Bisto kids bake an exceedingly complex deal
Source: Euromoney
Date: April 2001

Issuer: RHM FinanceAmount: £650 millionType of issue: whole-business securitizationDate of issue: February 28Arranger: JP Morgan

       
Whole-business or operating-company securitization may be the latest fad in structured finance, but there is nothing new about the concept. Since the mid-1990s, specialist buy-out firms such as Nomura’s Principal Finance Group have financed their purchases of pub estates and train rolling-stock companies by pledging all the cashflows from these businesses to bondholders.





Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access

Related

Corporate banking

Challenger banks redefine SME banking
Banking

Awards for Excellence 2025 winners celebrate in London
Retail banking

The world’s best bank 2025: DBS
Retail banking

CIB’s CEO Al-Arab on realism, reform and resilience