All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

CIT Creditors Hold Large CDS Exposure

Some CIT creditors hold a greater total notional of credit-default swaps on the firm than the value of the debt they own, according to The Financial Times.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree