Asset Risk Assessment, Analysis and Forecasting in Asset Backed Finance

Henriette Brent-Petersen
Additional contact information
Henriette Brent-Petersen: DVB Bank SE

Chapter 2 in The International Handbook of Shipping Finance, 2016, pp 41-69 from Palgrave Macmillan

Abstract: Abstract In asset backed financing structures, security for repayment of the loan is primarily based on the asset as collateral. The structuring of the financing is therefore heavily dependent on the assessment of the current and future value and liquidity of the asset. This differs from corporate backed funding, where security primarily depends on the credit worthiness of the corporate and, thereby, on the corporate credit evaluation. In asset backed financing, the evaluation and risk assessment of the asset necessarily becomes critical for each financing transaction as well as from a portfolio risk perspective. The value and the liquidity of the asset today and in the future is the central element of the credit evaluation process.

Keywords: Hedge Fund; Initial Public Offering; Shipping Sector; Shipping Industry; Order Book (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-46546-7_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137465467

DOI: 10.1057/978-1-137-46546-7_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().