Lehman Markets CDO Of CMBS

05 May 2008

Lehman Brothers is marketing a collateralized debt obligation that will invest in commercial mortgage-backed securities.

--Aaron Johnson

Lehman Brothers is marketinga collateralized debt obligation that will invest in commercial mortgage-backed securities. If closed, it would be the first successful CDO of mortgage-backed securities since November, and the first CMBS deal since October. “It’s not unreasonable; if it’s a fixed-rate deal it may work ...

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