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Author:Bowman, L.
Title:Restructurers roll boulders uphill
Journal:Euromoney
2009 : AUG, VOL. 40:484, p. 48-52
Index terms:investments
restructuring
securitization
mortgages
banking
Europe
Language:eng
Abstract:Aiming at restructuring a complex securitization can be a Sisyphean task. Commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLOs) are the likely candidates for restructuring efforts. Many experts are reaching the conclusion that it might be simpler to push these deals into insolvency instead.
SCIMA record nr: 269795
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