Verizon Communications is marketing a US$1.4bn securitisation backed by mobile phone contracts – its second asset-back securities (ABS) transaction in less than five months. “The transactions give Verizon additional flexibility by allowing for two levels of asset quality, corresponding to two levels of required credit enhancement,” Fitch Ratings said. Verizon Communications (NYSE:VZ) is marketing a US$1.4bn securitisation […]
