Improving the restructuring of distressed assets through securitization on emerging markets

Abstract

This article reveals the concept of asset securitization as one of the mechanisms for improving the business through the transfer of selected, homogeneous assets to a special financial purpose vehicle. The definitions of the types of mechanisms for restructuring and improving enterprises in Kazakhstan are given. It is concluded that the asset securitization mechanism can be successfully applied in a rapidly changing business environment, and can also be used widely enough for companies to attract an additional long-term funding source.