Moody’s expects to rate several of the 24 credit derivative product companies (CDPCs) in its pipeline within the first quarter of this year, it has revealed in a special report on the market.
The number of proposals in the agency’s hands indicates the scale of interest in this confined but fast-growing sector. So far only three have been launched: Primus and Athilon, launched in 2002 and 2005, and MassMutual’s Invicta Capital, which closed its debt in December.
Three quarters of the products in l
The week on Risk.net, July 7-13, 2018Receive this by email