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Loan buyback-related rating actions stir debate

Started by NaDiNe, July 26, 2009, 10:56:51 AM

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NaDiNe

July 26, 2009, 10:56:51 AM
Loan buyback-related rating actions stir debate
      

Rating agencies are inadvertently making things worse for loan investors by taking action against borrowers who are trying to reduce their debt load by purchasing back debt below par.

         

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