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Lehman Brothers securitizations at risk of missing Libor deadline

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By Tom Brown
08 Jul 2021

Tough legacy mortgage securitizations are resisting the switch away from Libor, as the Financial Conduct Authority calls on issuers to contact investors before the six month deadline hits. A group of mortgage securitizations issued by defaulted Lehman Brothers pre-2008 are seen as particularly high risk.

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By Tom Brown
08 Jul 2021