Market Insights

Market notes on commodities, trading houses and structured finance themes that affect how deals are underwritten.

Market Insights

Why Financeable Transactions Fail Credit Approval

Credit Approval Depends on Underwriting Architecture Economic viability and credit bankability measure different attributes. A transaction may generate adequate economic returns while remaining outside lender parameters because of leverage, collateral insufficiency, repayment-source opacity, tenor mismatch or structural subordination. Capital raising therefore starts with underwriting architecture. The financing amount, debt

By Financely Debt Advisors