Balancing the capital structure

Cover story


The turbulence in the structured credit market in May has prompted some dealers to rethink how they run their correlation desks. The millions of dollars in mark-to-market losses posted by banks and hedge funds in the wake of the Ford and General Motors (GM) downgrades have hammered home the importance of balancing risk concentrations. Dealers are now looking to push new products along the entire capital structure – in particular, leveraged super-senior notes – while some banks have reorganised

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here