{"id":1678,"date":"2020-05-21T10:58:35","date_gmt":"2020-05-21T01:58:35","guid":{"rendered":"https:\/\/mcarenews.newspro.kr\/?p=1678"},"modified":"2020-05-21T10:58:49","modified_gmt":"2020-05-21T01:58:49","slug":"10%ec%a1%b0-%ea%b7%9c%eb%aa%a8-%ec%a0%80%ec%8b%a0%ec%9a%a9-%ed%9a%8c%ec%82%ac%ec%b1%84%c2%b7cp-%eb%a7%a4%ec%9e%85%ea%b8%b0%ea%b5%ac-%ec%84%a4%eb%a6%bd%ed%95%9c%ec%9d%80-8%ec%a1%b0-%eb%8c%80","status":"publish","type":"post","link":"https:\/\/mcarenews.newspro.kr\/?p=1678","title":{"rendered":"10\uc870 \uaddc\ubaa8 \uc800\uc2e0\uc6a9 \ud68c\uc0ac\ucc44\u00b7CP \ub9e4\uc785\uae30\uad6c \uc124\ub9bd\u2026\ud55c\uc740 8\uc870 \ub300\ucd9c"},"content":{"rendered":"

\ucf54\ub85c\ub09819\ub85c \uc790\uae08 \uc870\ub2ec\uc774 \uc5b4\ub824\uc6b4 \uc800\uc2e0\uc6a9\ub4f1\uae09 \uae30\uc5c5\uc758 \ud68c\uc0ac\ucc44\u00b7CP(\uae30\uc5c5\uc5b4\uc74c)\u00b7\ub2e8\uae30\uc0ac\ucc44 \ubc1c\ud589 \ub4f1\uc744 \uc9c0\uc6d0\ud558\ub294 \ud55c\uad6d\ud310 SPV(\ud2b9\ubcc4\ubaa9\uc801\ud68c\uc0ac)\uac00 10\uc870\uc6d0 \uaddc\ubaa8\ub85c \uc124\ub9bd\ub41c\ub2e4.<\/p>\n

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\ud55c\uad6d\uc740\ud589\uc774\u00a0\uc0ac\uc0c1 \ucc98\uc74c\uc73c\ub85c SPV\uc5d0 \uc9c1\uc811 \ub300\ucd9c\ud558\ub294 \ub300\uc2e0, \uc815\ubd80\uac00 SPV\uc5d0 20%\uc758 \uc190\uc2e4 \ubcf4\uc99d\uc744 \uc81c\uacf5\ud558\ub294 \uad6c\uc870\ub2e4.<\/p>\n

\uc815\ubd80\ub294\u00a06\uac1c\uc6d4\uac04 \ud55c\uc2dc\uc801\uc73c\ub85c \uc6b4\uc601\ud55c \ub4a4 \uc2dc\uc7a5 \uc548\uc815 \uc5ec\ubd80 \ub4f1\uc744 \uace0\ub824\ud574 \uc5f0\uc7a5 \uc5ec\ubd80\ub97c \ud310\ub2e8\ud558\uae30\ub85c \ud588\ub2e4.<\/p>\n

\u25c7\ud55c\uc740, SPV\uc5d0 \uc0ac\uc0c1 \uccab \uc9c1\uc811 \ub300\ucd9c\u2026\uc815\ubd80 \ubcf4\uc99d 20%<\/p>\n

\uc815\ubd80\uc640 \ud55c\uad6d\uc740\ud589\uc740 20\uc77c \uc815\ubd80\uc11c\uc6b8\uccad\uc0ac\uc5d0\uc11c \uc81c4\ucc28 \ube44\uc0c1\uacbd\uc81c \uc911\uc559\ub300\ucc45\ubcf8\ubd80\ud68c\uc758\ub97c \uc5f4\uace0 \uc774\uac19\uc740 \ub0b4\uc6a9\uc758 \uc9c0\uc6d0 \ubc29\uc548\uc744 \ubc1c\ud45c\ud588\ub2e4.<\/p>\n

 <\/p>\n

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10\uc870\uc6d0 \uaddc\ubaa8\uc758 SPV\ub294 \uc0b0\uc5c5\uc740\ud589\uc774 \uc138\uc6b0\uace0 \ud55c\uad6d\uc740\ud589\uc774 SPV\uc5d0 8\uc870\uc6d0\uc744 \uc120\uc21c\uc704\ub85c \uc9c1\uc811 \ub300\ucd9c\ud55c\ub2e4. \ub098\uba38\uc9c0 2\uc870\uc6d0\uc740 \uc0b0\uc740\uc774 SPV\uc5d0 1\uc870\uc6d0 \ucd9c\uc790\ud558\uace0 1\uc870\uc6d0 \ud6c4\uc21c\uc704 \ub300\ucd9c\ub85c \ub123\ub294\ub2e4. \uc774\ub97c \uc704\ud574 \uc815\ubd80\ub294 \uc0b0\uc740\uc5d0 1\uc870\uc6d0\uc744 \ucd9c\uc790\ud55c\ub2e4.<\/p>\n

\ud55c\uc740\uc774 \uc0ac\uc0c1 \ucc98\uc74c\uc73c\ub85c SPV\uc5d0 \uc9c1\uc811 \ub300\ucd9c\ud558\ub294 \ub300\uc2e0, \uc815\ubd80\uac00 SPV\uc5d0 20%\uc758 \uc190\uc2e4 \ubcf4\uc99d\uc744 \uc81c\uacf5\ud558\ub294 \uad6c\uc870\ub2e4. SPV \uc6b4\uc601 \uc911 \uc190\uc2e4\uc740 \uc815\ubd80\uac00 \uc0b0\uc740\uc5d0 \ucd9c\uc790\ud55c 1\uc870\uc6d0\u2192 \uc0b0\uc740\uc758 \ud6c4\uc21c\uc704 \ub300\ucd9c 1\uc870\uc6d0\u2192 \ud55c\uc740\uc758 \uc120\uc21c\uc704 \ub300\ucd9c 8\uc870\uc6d0 \uc21c\uc73c\ub85c \ubd80\ub2f4\ud55c\ub2e4. \uc0c1\ud658\ub3c4 \ud55c\uc740\uc774 \uc6b0\uc120\uad8c\uc744 \uac16\ub294\ub2e4. \uae30\uc5c5\uc758 \uc870\uae30\uc0c1\ud658, \uc2dc\uc7a5 \uc815\uc0c1\ud654 \ub4f1\uc5d0 \ub530\ub77c SPV \uc6b4\uc6a9 \uaddc\ubaa8 \ucd95\uc18c \ub54c SPV\ub294 \ud55c\uc740 \uc120\uc21c\uc704 \ub300\ucd9c\uae08\ubd80\ud130 \uc6b0\uc120 \uc0c1\ud658\ud55c\ub2e4.<\/p>\n

\ud2b9\ud788 BB\ub4f1\uae09\uc740 \uc2e0\uc885 \ucf54\ub85c\ub098\ubc14\uc774\ub7ec\uc2a4 \uac10\uc5fc\uc99d(\ucf54\ub85c\ub09819) \ucda9\uaca9\uc73c\ub85c \uc2e0\uc6a9\ub4f1\uae09\uc774 \ud22c\uc790\ub4f1\uae09\uc5d0\uc11c \ud22c\uae30\ub4f1\uae09\uc73c\ub85c \ud558\ub77d\ud55c \uacbd\uc6b0(\ud3f4\ub978 \uc5d4\uc824\u00b7fallen angel)\uc5d0 \ud55c\uc815\ud574 \ub9e4\uc785\ud55c\ub2e4. \ub610 \uc774\uc790\ubcf4\uc0c1\ube44\uc728\uc774 2\ub144 \uc5f0\uc18d 100% \uc774\ud558 \uae30\uc5c5\uc740 \ub9e4\uc785 \ub300\uc0c1\uc5d0\uc11c \uc81c\uc678\ud55c\ub2e4.<\/p>\n

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\"\u3139\"<\/b><\/span><\/figure>\n

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\uc190\ubcd1\ub450 \uae08\uc735\uc704\uc6d0\ud68c \ubd80\uc704\uc6d0\uc7a5\uc740 \u201c\ucc44\uad8c\uc2dc\uc7a5\uc548\uc815\ud380\ub4dc\ub294 \uac00\ub3d9\uc77c\uc744 \uae30\uc900\uc73c\ub85c AA- \uc774\uc0c1 \ub4f1\uae09\uc774\uc5c8\uc73c\ub098 \uc774\ud6c4 A+ \ub4f1\uae09\uc73c\ub85c \ud558\ud5a5 \uc870\uc815\ub41c \ud3f4\ub978 \uc5d4\uc824 \uae30\uc5c5\ub4e4\ub3c4 \ub9e4\uc785 \ub300\uc0c1\uc73c\ub85c \ud3b8\uc785\ud558\uaca0\ub2e4\uace0 \uc5b4\uc81c \ubc1d\ud614\ub2e4\u201d\uba70 \u201cSPV\ub3c4 \uc6b0\ub7c9\ub4f1\uae09\uc758 CP\ub098 \ud68c\uc0ac\ucc44\ub97c \ud3ec\ud568\ud558\uc9c0\ub9cc \ucc44\uc548\ud380\ub4dc\uc640 \ub2ec\ub9ac \ube44\uc6b0\ub7c9\ub4f1\uae09\uc744 \uc190\uc2e4\uc774 \uc548 \ub098\ub294 \ubc94\uc704 \ub0b4\uc5d0\uc11c \ud3ec\ud568\ud55c\ub2e4\ub294 \ucc28\uc774\uac00 \uc788\ub2e4”\uace0 \uc124\uba85\ud588\ub2e4. \ub610\u00a0 \u201c\uc6b0\ub7c9\ucc44\uad8c\uc740 \ub450 \uc815\ucc45\uc774 \uc911\ucca9\ub3fc \uc9c0\uc6d0\ub418\uc9c0\ub9cc SPV\ub294 \ucd5c\uc6b0\ub7c9 \ucc44\uad8c\uae4c\uc9c0\ub294 \ub2f4\uc9c0 \uc54a\uc744 \uac83\u201d\uc774\ub77c\uace0 \ubc1d\ud614\ub2e4.<\/div>\n

\u25c7 SPV \uc9c0\uc6d0\ubc1b\uc740 \uae30\uc5c5\uc5d0 \uacbd\uc601\uac1c\uc120 \ub178\ub825 \uc758\ubb34 \ubd80\uacfc<\/p>\n

SPV\ub294 \ud574\ub2f9 \uc9c0\uc6d0\uc774 \ud2b9\uc815\uae30\uc5c5\uc5d0 \uc9d1\uc911\ub418\ub294 \uac83\uc744 \ub9c9\uae30 \uc704\ud574 \ub3d9\uc77c\uae30\uc5c5\uacfc \uae30\uc5c5\uad70 \ub9e4\uc785\ud55c\ub3c4\ub97c SPV \uc804\uccb4 \uc9c0\uc6d0\uc561\uc758 \uac01\uac01 2%, 3% \uc774\ub0b4\ub85c \ud55c\uc815\ud55c\ub2e4. \uae08\uc735\uc2dc\uc7a5 \uc548\uc815\ud654\ub77c\ub294 \uc124\ub9bd \ubaa9\uc801\uc744 \uace0\ub824\ud55c \uc870\uce58\ub2e4. \ub610 SPV \uc9c0\uc6d0 \ub300\uc0c1 \uae30\uc5c5\uc5d4 \uacbd\uc601\uac1c\uc120 \ub178\ub825 \uc758\ubb34\ub97c \ubd80\uacfc\ud560 \uc608\uc815\uc774\ub2e4.<\/p>\n

\uc190 \ubd80\uc704\uc6d0\uc7a5\uc740 \u201cSPV \uc9c0\uc6d0 \ub300\uc0c1 \uae30\uc5c5\uc5d0\ub294 \uacbd\uc601\uac1c\uc120 \ub178\ub825\uc744 \ubd80\uacfc\ud560 \uac83\u201d\uc774\ub77c\uba70 \u201c\uacbd\uc601\uac1c\uc120 \ub178\ub825 \uc758\ubb34 \ubd80\uacfc\ub294 \uae30\uae08\uc758 \uc790\uae08\uc9c0\uc6d0\uc5d0 \uc55e\uc11c\uc11c \uae30\uc5c5\uc774 \uc2dc\uc7a5\uc5d0\uc11c \ud544\uc694\ud55c \uc720\ub3d9\uc131 \ud655\ubcf4 \ub178\ub825\uc744 \ucd5c\ub300\ud55c \uae30\uc6b8\uc5ec\uc57c \ud55c\ub2e4\ub294 \uc758\ubbf8\u201d\ub77c\uace0 \ub9d0\ud588\ub2e4.<\/p>\n

\ub9e4\uc785 \uac00\uaca9\uc740 \uc2dc\uc7a5\uae08\ub9ac\uc5d0 \ucd5c\ub300 100bp \uc774\ub0b4\ub85c \uac00\uc0b0 \uc218\uc218\ub8cc\ub97c \ucd94\uac00\ud55c \ud615\ud0dc\ub85c \uc6b4\uc6a9\ud55c\ub2e4. \ubc1c\ud589\uae30\uc5c5\ub4e4\uc774 \uc2dc\uc7a5 \uc870\ub2ec\ub178\ub825\uc744 \uae30\uc6b8\uc774\ub3c4\ub85d \uc720\ub3c4\ud558\uae30 \uc704\ud574\uc11c\ub2e4. \uac00\uc0b0 \uc218\uc218\ub8cc\ub294 \uc2e0\uc6a9\ub4f1\uae09\uc774 \ub0ae\uc744\uc218\ub85d \ub192\uc544\uc9c4\ub2e4.<\/p>\n

SPV\ub294 6\uac1c\uc6d4\uac04 \ud55c\uc2dc\uc801\uc73c\ub85c \uc6b4\uc601\ud55c \ud6c4 \uc2dc\uc7a5 \uc0c1\ud669\uc744 \uace0\ub824\ud574 \uc5f0\uc7a5 \uc5ec\ubd80\ub97c \uacb0\uc815\ud55c\ub2e4. SPV\ub294 \uc6b0\uc120 10\uc870\uc6d0 \uaddc\ubaa8\ub85c \uc6b4\uc601\ud558\uace0, \ud544\uc694\ud558\uba74 \ub2f9\ucd08 \ubc1c\ud45c\ud55c \uaddc\ubaa8\uc778 20\uc870\uc6d0\uae4c\uc9c0 \ud655\ub300\ud560 \uacc4\ud68d\uc774\ub2e4.<\/p>\n

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\ud55c\uc740\uc740 \uce90\ud53c\ud138 \ucf5c(Capital call) \ubc29\uc2dd\uc73c\ub85c SPV\uac00 \uc790\uae08\uc744 \uc694\uccad\ud558\uba74 \uae08\uc735\ud1b5\ud654\uc704\uc6d0\ud68c \uc758\uacb0\uc744 \uac70\uccd0 \ub300\ucd9c\ud574 \uc904 \uc608\uc815\uc774\ub2e4. \ud55c\uc740\uc758 SPV \uc9c1\uc811 \ub300\ucd9c\uc740 \ud55c\uc740\ubc95 80\uc870\uc5d0 \uadfc\uac70\ud574 \uae08\ud1b5\uc704 \uc758\uacb0\uc774 \ud544\uc694\ud558\ub2e4. \ud55c\uc740\ubc95 80\uc870\ub294 \uae08\uc735\uae30\uad00\uc5d0\uc11c \uc790\uae08\uc744 \uc870\ub2ec\ud558\uae30 \uc5b4\ub824\uc6b4 \u2018\uc911\ub300\ud55c \uc560\ub85c\u2019\uac00 \uc788\uc73c\uba74 \uc815\ubd80\uc758 \uc758\uacac\uc744 \ub4e4\uc740 \ud6c4 \ud55c\uc740\uc774 \uae08\uc735\uc5c5 \ub4f1 \uc601\ub9ac\uae30\uc5c5\uc5d0 \ub300\ucd9c\uc744 \ud574\uc904 \uc218 \uc788\ub2e4\uace0 \uaddc\uc815\ud558\uace0 \uc788\ub2e4.<\/p>\n

*\uc790\ub8cc\uc81c\uacf5 : \uae30\ud68d\uc7ac\uc815\ubd80<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/section>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

\ucf54\ub85c\ub09819\ub85c \uc790\uae08 \uc870\ub2ec\uc774 \uc5b4\ub824\uc6b4 \uc800\uc2e0\uc6a9\ub4f1\uae09 \uae30\uc5c5\uc758 \ud68c\uc0ac\ucc44\u00b7CP(\uae30\uc5c5\uc5b4\uc74c)\u00b7\ub2e8\uae30\uc0ac\ucc44 \ubc1c\ud589 \ub4f1\uc744 \uc9c0\uc6d0\ud558\ub294 \ud55c\uad6d\ud310 SPV(\ud2b9\ubcc4\ubaa9\uc801\ud68c\uc0ac)\uac00 10\uc870\uc6d0 \uaddc\ubaa8\ub85c \uc124\ub9bd\ub41c\ub2e4. \ud55c\uad6d\uc740\ud589\uc774\u00a0\uc0ac\uc0c1 \ucc98\uc74c\uc73c\ub85c SPV\uc5d0 \uc9c1\uc811 \ub300\ucd9c\ud558\ub294 \ub300\uc2e0, \uc815\ubd80\uac00 SPV\uc5d0 20%\uc758 \uc190\uc2e4 \ubcf4\uc99d\uc744 \uc81c\uacf5\ud558\ub294 \uad6c\uc870\ub2e4. \uc815\ubd80\ub294\u00a06\uac1c\uc6d4\uac04 \ud55c\uc2dc\uc801\uc73c\ub85c \uc6b4\uc601\ud55c \ub4a4 \uc2dc\uc7a5 \uc548\uc815 \uc5ec\ubd80 \ub4f1\uc744 \uace0\ub824\ud574 \uc5f0\uc7a5 \uc5ec\ubd80\ub97c \ud310\ub2e8\ud558\uae30\ub85c \ud588\ub2e4. \u25c7\ud55c\uc740, SPV\uc5d0 \uc0ac\uc0c1 \uccab \uc9c1\uc811 \ub300\ucd9c\u2026\uc815\ubd80 \ubcf4\uc99d 20% \uc815\ubd80\uc640 \ud55c\uad6d\uc740\ud589\uc740 20\uc77c \uc815\ubd80\uc11c\uc6b8\uccad\uc0ac\uc5d0\uc11c \uc81c4\ucc28 \ube44\uc0c1\uacbd\uc81c […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1678","post","type-post","status-publish","format-standard","hentry","category-10"],"_links":{"self":[{"href":"https:\/\/mcarenews.newspro.kr\/index.php?rest_route=\/wp\/v2\/posts\/1678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcarenews.newspro.kr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mcarenews.newspro.kr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mcarenews.newspro.kr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mcarenews.newspro.kr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1678"}],"version-history":[{"count":1,"href":"https:\/\/mcarenews.newspro.kr\/index.php?rest_route=\/wp\/v2\/posts\/1678\/revisions"}],"predecessor-version":[{"id":1680,"href":"https:\/\/mcarenews.newspro.kr\/index.php?rest_route=\/wp\/v2\/posts\/1678\/revisions\/1680"}],"wp:attachment":[{"href":"https:\/\/mcarenews.newspro.kr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mcarenews.newspro.kr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mcarenews.newspro.kr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}