John Deacon 
Global Securitisation and CDOs 

‘This is an essential book for any practitioner, researcher or
student of securitisation – concise and accurate coverage of the
key aspects of securitisation on all the main and secondary markets
of the world.’

?Alexander Batchvarov, Managing Director, International Structured
Product Strategy, Merrill Lynch, London.

‘John Deacon’s original book became the leading textbook for
those genuinely interested in gaining a profound and detailed
understanding of the arcane world of securitisation. The new,
updated version confirms John’s status as the top writer in this
sector. Securitisation has moved on, becoming ever more complex in
both its detail and its variety, but John’s book never fails to
deal with all the intellectual challenges posed, in a clear,
logical and comprehensive fashion. A must for all practitioners- ?
I thoroughly enjoyed it.’

?Robert Palache, Managing Director, Head of European
Infrastructure Finance and Corporate Securitisation, Barclays Capi
tal

‘Deacon?s book is an unparalleled treatise on all aspects of
asset securitisation and CDOs and is ideal for use by both
experienced market practitioners and by those new to the seemingly
ever-expanding world of securitisation. The book comprehensively
outlines the various structures encountered, ranging from true sale
and future flow financings to synthetics and whole business,
addressing not only the framework of the structures but also the
regulatory and accounting implications. A must have reference
book.’

?David Newby, Executive Director, ABN AMRO BANK N.V., Head of UK
and Irish Securitisation, Head of European Commercial Real Estate
Securitisation

Synthetic credit derivatives technology, CDOs, the covered bond
market, the mortgage-backed market and M&A financing have all
come together to make securitization the fastest growing and most
flexible area of the global credit markets. This authoritative work
looks at the recent synthetic structures and credit derivatives
used in CDOs and at the new Basel Capital Accord and addresses the
framework of these structures as well as the regulatory and
accounting implications. You’ll find truly global insights,
coverage of both the financial and legal aspects of securitization,
and a glossary of market and legal terminology.

Order your copy of this comprehensive update on the development
of securitization today!

About the author

JOHN DEACON is Executive Director and Head of Debt Principal
Finance at UBS in London where he focuses on asset-backed
investment opportunities for the Euro 3 billion Brooklands
Synthetic CDO series originated by UBS Principal Finance in London
since 2001.

He is also a co-founder of the Thor ABS asset-backed securities
website (www.Thor ABS.com).

Prior to joining UBS he was Head of Principal Finance at Greenwich
Nat West, where he was responsible for the acquisition and
restructuring of performing and non-performing assets for the
balance sheet of the bank.

Mr. Deacon has worked as a securitisation, principal finance and
derivatives specialist in the European and Asian markets as an
investor, issuer, investment banker and lawyer in London, Paris and
Hong Kong. He has extensive global securitisation and principal
finance experience from transactions in France, Hong Kong,
Indonesia, Italy, Spain, Thailand and the UK and structuring in
Germany, Japan, Korea, the Netherlands, Singapore, Sweden and the
Philippines, for products as diverse as:

* Principal finance

* Non-performing loans

* Whole business

* Commercial mortgages

* Synthetics

* Residential mortgages

* Credit derivatives

* Auto leases and hire purchase contracts

* Structured derivatives

* Trade receivables

* Bond repackagings

* Multi-family residential real estate

* CDO structures

* Commercial real estate

* Commercial paper conduits

* Nuclear moratorium credits

* Asset-backed MTN programmes

* PFI receivables

Mr. Deacon qualified as a lawyer at Clifford Chance. He is a
Solicitor of the Supreme Court in England and Wales, a Solicitor of
the Supreme Court in Hong Kong and an ACIB and has written articles
for the International Securitisation Report and for the
International Securitization & Structured Finance
Report. He has spoken at seminars and workshops for
securitisation and credit derivatives industry professionals
organised by Euromoney, AIC Conferences, ICC and Futures &
Options World.