Media Mentions
2008
Paul-Michael Rebus was quoted in the February 18 issue of Total Securitization regarding the decision by Standard Chartered to no longer provide liquidity support to its Whistlejacket structured investment vehicle. The SIV went into receivership after breaching its capital value trigger. "It seems probable that they will liquidate and start selling off the assets at fire-sale prices. Therefore, it seems fair to make the assumption that the investors are going to end up losing money, along with a lot of service providers down the line," said Mr. Rebus.
Paul-Michael Rebus, London, Structured Finance - London
Paul-Michael Rebus was quoted in the January 2008 issue of International Securitization Report in relation to the downturn in the ABS sector. However there is anecdotal evidence that the market is gearing for a comeback, with Mr. Rebus commenting on the success of the London team. Mr. Rebus said "We've been working on a number of different types of transactions including restructuring SIV's on behalf of capital noteholders, restructuring a number of European multiseller ABCP conduits and doing a number of synthetic based securitization structures."
Paul-Michael Rebus, London, Securitisation - London, Structured Finance - London
