In this series of blogs, we will explore some key legal
considerations relating to cross-border securitization
transactions.
H3>See Chinese version below
[中文版参阅下文]
Introduction
The Structured Finance Group at McCarthy Tétrault LLP is
pleased to present Cross-Border Securitization
Transactions between Canada and the U.S. – Key Legal
Considerations.
In recent years, there has been a significant increase in the
volume of cross-border securitization transactions between Canada
and the U.S., with market participants now regularly pursuing
cross-border securitization transactions in a wide range of
contexts. A Canadian originator may choose to sell receivables to a
U.S. special purpose vehicle ("SPV") as
part of a global trade receivables securitization program, for
example, or a Canadian issuer may choose to offer asset-backed
securities to U.S. investors as a complement to an offering in
Canada.
