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 from customers.
Assigned pre.J-1 to Hyakugo Bank B Corporation
Bills Receivable ABL11-02
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 ABL11-02
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 P3+ (Reaffirmed)