Orphan CDS how does it work
Was reading that in a corporate reorganisation or a merger, CDS contracts might end up referencing an entity that no longer has any debt.
What does this mean for the CDS? No debt in this entity means no payout when some other entities in the company end up defaulting?
Fugit ipsum exercitationem aut ut sit qui nam. Consequatur eum molestias culpa et fugiat.
Laboriosam aliquam repellendus quod. Iure nobis quasi aliquid. Nobis illum quidem possimus ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...