ABCP Investors, Issuers Grow More Conservative

05 Feb 2008

Asset-backed commercial paper investors and issuers alike have grown more conservative in reaction to the credit crunch that saw demand for the formerly liquid product dry up.

-- Olivia Thetgyi

Asset-backed commercial paper investors and issuers alike have grown more conservative in reaction to the credit crunch that saw demand for the formerly liquid product dry up. Increased scrutiny from senior management on both sides of the Street and lack of investor appetite spurred the changes, ...

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