Brian Salter, in addition to his day job as a partner with law firm Clayton Utz, is also chairman of the Australian Securitization Forum ASF, which was the first of its kind when established over a decade ago. Here he talks to FinanceAsia about some of the key deals and issues affecting the Aussie securitization market.
What have been some of the key securitization deals in the past year
I think there are three that really stand out. The SMART transaction, a synthetic securitization for Macquarie, was notable for a number of reasons. Firstly, it is one of only three public synthetic deals and the first to securitize auto leases in the world....