Bear Stearns Shops Bespoke CPDO
Bear Stearns is marketing globally a leveraged note that will be managed by AIG Investments in the U.S. Similar to a constant proportion debt obligation, the note will reference investment-grade corporate credit-default swaps and feature variable leverage.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
