Mizuho Deal Hits EOD, More To Come Through 2008

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Mizuho Deal Hits EOD, More To Come Through 2008

Delaware Asset Advisors collateralized debt obligation Delphinus CDO 2007-1, a $1.6 billion deal, has breached an overcollateralization trigger and reported an event of default, bringing the EOD tally to nearly 60 deals totaling about $60 billion.

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