| Ruiz: The only limits to the market are portfolio availability and size |
PORTUGAL’S SECURITIZATION BUSINESS constitutes just 2.5% of the European market, according to Standard & Poor’s, but it has contributed some of the continent’s most interesting and innovative deals over the past few years. Portugal’s securitization law was only passed in 1999 so it is a relatively late arrival to the market, but this has not stood in the way of issuers coming up with a wide diversity of products.
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