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Indenture Trustees and Collateral Custodians: Five Market Myths

Topic: Funding & Securitization Markets

The role of the indenture trustee is back under the microscope in the auto ABS market, with the Tricolor bankruptcy highlighting once again how far market expectations can diverge from what the documents actually say. This article tackles five persistent myths about indenture trustees and collateral custodians in consumer securitizations.

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