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Fitch Revises Coercive Debt Exchange Treatment in Structured Finance Ratings
Practical Law Legal Update 4-386-3847 (Approx. 2 pages)
Fitch Revises Coercive Debt Exchange Treatment in Structured Finance Ratings
by PLC Finance
| Published on 09 Jun 2009 • USA (National/Federal) |
An update on a Fitch Ratings report regarding its new approach to accounting for coercive debt exchanges (CDEs) in ratings of structured finance transactions.