Securitization
CIBC’s Securitization Group is one of the leaders in securing and distributing asset-backed debt products in the Canadian market. As an active participant in the market since its inception in 1989, we are recognized as one of the leading innovators in the field – consistently developing new structures to meet the evolving needs of both clients and investors.
The asset-backed market is a key source of funding for many of our clients. We facilitate capital markets access for a number of financial institutions and financing companies in Canada through the placement of asset-backed commercial paper in the short-term market and asset-backed medium term notes in the term market.
Through the use of structural mitigants and credit protection, we facilitate the issuance of highly rated debt products backed by the cash flows generated on the assets. Our focus is on traditional asset classes and we have expertise structuring transactions involving the following asset classes:
- Automotive Finance
- Credit Cards
- Residential and Commercial Mortgages
- Trade Receivables
- Franchise Loans
- Equipment Finance
Our expertise is in providing top-notch advice and services for every facet of the securitization business, from origination to structuring and credit risk mitigation, to distribution, to on-going administration and reporting.