Babson Market Value CDO Set For Early Liquidation

A Babson Capital market-value collateralized debt obligation, Enhanced Mortgage-Backed Securities Fund IV, has hit an event of early liquidation.

  • 06 Aug 2008

--Leela Parker

A Babson Capital market-value collateralized debt obligation, Enhanced Mortgage-Backed Securities Fund IV, has hit an event of early liquidation. Three classes of notes from the CDO were also downgraded yesterday by Moody’s Investors Service.

The classes that were affected are the class A-1 senior notes, class A-2 senior ...

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