Cairn defies equity/mezz storm with well received CPPI

30 Jun 2005

Cairn Capital closed another round of notes from its constant proportion portfolio insurance programme last week via Credit Suisse First Boston. Cairn Credit CPPI 2 issued Eu122.5m of principal protected notes that offer investors exposure to a long equity/short mezzanine tranche strategy.

Cairn released Eu50m ...

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