| Title: | CPDO Saved from Downgrade by Buyback: Will Elm's Disease Spread? (Updated) |
| Price: | $150.00 |
| Publication Date: | Aug 23, 2007 |
| Source: | CreditSights Inc |
| Report Type: | Article |
| Abstract: | A CPDO referencing single-A and above rated financials has been bought back after Moody's put at least four other similar notes on review for downgrade, dealing a further blow to existing CPDOs and reducing the likelihood of future deals. |
| Brief Excerpt: | CPDO Saved from Downgrade by Buyback: Will Elm's Disease Spread? (Updated) With the threat of the first CPDO downgrade on the cards, the issuing bank has bought the note back and the rating been withdrawn. Depending on what the issuing... |
| Word Count: | 967 |
| Report Type: | Article |
| Topic: | Strategy Structured Products, CPDO, Ratings |
| Format: |
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