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Dealers vote for MGM credit event auction
14 years ago
LCDX dealers have voted to hold an auction for loan-only credit default swap transactions referencing film company Metro-Goldwyn-Mayer -
Distressed traders beat down loans after Tousa ruling
14 years ago
A bankruptcy court’s shock ruling for the bondholders of Florida homebuilder Tousa sent shockwaves through the distressed market this week -
CIT speculation prompts HY/LCDX relative value debate
14 years ago
After a day of heavier flows through a falling CDX HY index yesterday, traders are looking to today’s resolution or otherwise of HY13 constituent CIT as the impetus for short-term trading strategies
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