Taberna CDOs Form Bulk Of Recent S&P Actions

10 Aug 2007

The Taberna Preferred Funding series of collateralized debt obligations accounts for almost half of the 76 tranches placed on negative watch by Standard & Poor’s on Thursday.

--Aaron Johnson

The Taberna Preferred Funding series of collateralized debt obligations accounts for almost half of the 76 tranches placed on negative watch by Standard & Poor’s on Thursday. The CDOs placed on watch were all backed by either downgraded residential mortgage-backed securities or trust preferred securities issued by ...

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