Lease securitization continues to be a viable financing structure, supplying cash to the issuer to fund retirement of existing debt or ongoing operations. The structure can be developed to serve as a standalone transaction or as an ongoing funding source, with features that remain constant in successive issues.

There are several intricacies that contribute to the variety of lease securitizations. The distinctions between "true" leases, "finance" leases and the taxable or tax-exempt nature of the lease stream are essential considerations for legal and investment purposes.

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