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Fashion Securitization Deals Pave The Way For CAK

Last week's $24.7 million royalty-backed asset-backed deal for designer Bill Blass, and the SESAC performing rights-backed deal that closed last month, are likely to be the start of a steady stream of royalty-backed deals from CAK Universal Credit Corp., said company President Robert D'Loren.

"SESAC was the template for...

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