Lehman issues Asian CDO

New angles

US investment bank Lehman Brothers has closed a $500 million five-year Asian investment-grade arbitrage synthetic collateralised debt obligation (CDO) through special-purpose vehicles Asia IG CDO Limited and Asia IG CDO LLC. The portfolio manager is PCI Investment Management, a unit of Hong Kong’s Pacific Century Insurance Holdings. “This is the first time an Asian ex-Japan investment-grade synthetic CDO has been completed,” says Greg Donohugh, senior vice-president, and head of Lehman’s CDO

To continue reading...

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 indvidual account here: