Lehman Brothers related catastrophe bonds on credit watch
News 17th September 2008The other major catastrophe to hit the news in the past week is the demise of Lehman Brothers. As a result of the investment bank collapsing, Standard & Poor’s have downgraded four cat bonds which Lehman Brothers subsidiary Lehman Brothers Special Financing acted as swap counterparty on. The bonds in question are: – Ajax Re […]
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