Title:

CPDOs: Bail In to Avoid Cash Out - Elm Restructuring

Price:$150.00
Publication Date:Sep 18, 2007
Source:CreditSights Inc
Report Type:Article
Abstract:Investors in €122.5 million worth of CPDOs referencing 50 financial entities have been forced to inject cash or remove names in order to maintain their ratings. A further €147.5 million have been downgraded three notches to Aa3.
Brief Excerpt: CPDOs: Bail In to Avoid Cash Out - Elm Restructuring The holders of €###.# million worth of CPDOs referencing a basket of ## financial entities have been forced to inject the same capital again into theáCPDOs as low interest loans...
Word Count:2748
Report Type:Article
Topic:Strategy Structured Products, CPDO, Derivatives And Indices, CDOs
Format:HTML HTML
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CreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.

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