Guide

Repackaging transactions – Key advantages to Cayman Islands orphan trust SPVs

The establishment of repackaging vehicles in Asia is on the rise with regional and international banks and financial institutions expressing interest in, or pursuing, the establishment of repackaging programmes or standalone issuer vehicles to service their, or their client's, specific needs. This guide examines the key features of a repack vehicle and the advantages of incorporating an 'orphan' special purpose vehicle in the Cayman Islands through the use of Cayman Islands exempted companies and segregated portfolio companies.