Pre-migration untagged articles

Calyon launched Europe’s first credit derivative product company (CDPC) this week.

Citigroup and Lehman Brothers priced Europe’s largest commercial real estate CDO, Duncannon CRE CDO 1, this week.

US dollar swap spreads hit their highest levels for four years this week as alarm emanating from the subprime mortgage market inflated credit spreads. But there was a glimmer of hope yesterday (Thursday) when they came off their highs.

Asset backed conduits met mid-month rollovers in good shape, finding abundant liquidity and making the hostile conditions of three weeks ago a fading memory.

HSBC swapped places this week with Barclays Capital at the top of the structured note league table but most of the big changes have been in the lower ranks.

Trading volumes in the credit default swap markets this week were massive, as the indices swung sharply higher on Tuesday and Wednesday and then narrowed again yesterday (Thursday).

In his home ground in Zurich, Peter Wuffli was a local hero. The Swiss have a great respect for their financial institutions, and Wuffli was chief executive of UBS, the country’s largest and most successful bank.

Change of control "put rights" have become increasingly prevalent in both North American and European bond offerings by investment-grade issuers.

-- Rick Dutkiewicz, cfo, of Einstein Noah Restaurant Group, about the company's newly amended credit facility, which allows for about $11.7 million in interest expense savings each year.

The summer slump may have arrived in the minds of Wall Streeters ­ with a mid-week holiday just screaming for an extended break.