Hong Kong CDOs placed on ratings watch

March 10—Standard & Poor’s has placed the ratings on three Hong Kong synthetic collateralised debt obligations (CDOs) on credit watch with negative implications. The agency affirmed the ratings on two other Hong Kong CDOs.
The three CDOs placed on creditwatch negative are the Beryl Finance Series 2005-5, Omega Capital Investments Series 14 and Thunderbird Investments Series 22.

S&P said the actions are in line with changes to the format of its synthetic rated over-collateralisation (SROC) report

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net 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