CDS-Protected Bondholders Less Accommodating in Workouts with Issuers, Moody's Says | Practical Law

CDS-Protected Bondholders Less Accommodating in Workouts with Issuers, Moody's Says | Practical Law

An update on a report by Moody's Investors Service which found that bondholders protected by credit default swaps (CDSs) are less accommodating in negotiating workouts with distressed issuers than unprotected bondholders.

CDS-Protected Bondholders Less Accommodating in Workouts with Issuers, Moody's Says

Practical Law Legal Update 3-386-2725 (Approx. 2 pages)

CDS-Protected Bondholders Less Accommodating in Workouts with Issuers, Moody's Says

by PLC Finance
Published on 08 Jun 2009 • USA (National/Federal)
An update on a report by Moody's Investors Service which found that bondholders protected by credit default swaps (CDSs) are less accommodating in negotiating workouts with distressed issuers than unprotected bondholders.