Banks push rated CDO equity deals


Investment banks and asset managers are teaming up to offer collateralised debt obligation (CDO) equity in a rated format. While zero-coupon equity products have been marketed for almost a year, the addition of a rating and third-party asset manager is new and is designed to appeal to investors who can only buy rated instruments.

This latest development is part of the overall effort in the structured credit market to distribute equity risk to a wider audience in the aftermath of the May 2005

To continue reading...

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 indvidual account here: