Outline of Underlying Assets: Originator's bills receivable
in the form of promissory notes or bill of exchange accepted by originator from debtors for settlement of accounts receivable generated from its normal commercial transaction
This assumes that the inventories and accounts and bills receivable
were stated at their real worth in the balance sheets; of course if the inventories could be duplicated at much less cost or if the 'accounts and bills receivable
' included an accumulation of 'dead wood' from past years, the working capital has been impaired and is really much less than the sums stated.
Aso Shoji securitizes its bills receivable
from the customers.
A&D Company securitizes its bills receivable
Assigned pre.J-1 to Hyakugo Bank B Corporation Bills Receivable
17 February 2011 - JCR assigned today a preliminary rating of J-1 to a bills receivable
of Aso Shoji Co Ltd.
M2 EQUITYBITES-February 10, 2011--A&D's bills receivable
senior beneficial interest gets prelim J-1+ rating by JCR(C)2011 M2 COMMUNICATIONS http://www.m2.com
Assigned J-1 to Hayakawa Rubber Bills Receivable
M2 EQUITYBITES-January 27, 2011--JCR rates bills receivable
of A&D at J-1(C)2011 M2 COMMUNICATIONS http://www.m2.com
Rs.250 Million Foreign Bill Purchase/Export Bills Receivable