Market Wrestles With The Size Of Distressed ABS CDO Mart
Distressed debt funds are gearing up as trouble still simmers in the asset-backed securities collateralized debt obligation market, but investors and analysts are struggling to gauge just how much distressed paper is on the way.
--Aaron Johnson
Distressed debt funds are gearing up as trouble still simmers in the asset-backed securities collateralized debt obligation market, but investors and analysts are struggling to gauge just how much distressed paper is on the way. Roughly .05% of the $400-450 billion mezzanine and high grade paper has ...Already a subscriber? Login