Vendor Put Options

Visit Put Market

Claims Put Market matches vendors seeking credit protection on accounts receivables with investors offering protection. The advantage to a vendor of Claims Put Market is that their requested put option is shown to multiple investors that a vendor might not otherwise find. This “broadcasting” of a vendor’s requested put option results in a more transparent and fair market.

The Cherokee team has executed numerous put option transactions for Vendors on multiple Customers including: Bed Bath & Beyond, Belk, J.C. Penney, Macy's, Michaels, and Rite Aid.

Claims Put Market

Claims Put Market features transparent reference prices. Most vendor put options are priced with reference to Credit Default Swap (CDS) prices. We display CDS prices of customers that have actively traded vendor put options. Viewing displayed CDS prices gives vendors a sense for the potential price of a put option.

Cherokee is active in structuring vendor put options that protect receivables from a
customer’s potential bankruptcy.
Visit Put Market