Scottish Re life bond ‘likely’ to default
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Scottish Re life bond ‘likely’ to default

07 October 2008
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email

Beleaguered life securitisation Ballantyne Re has been dealt a further blow as ratings agency Standard & Poor’s (S&P) downgraded three tranches of the bond to junk status, citing mark-to-market losses in the collateral account.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News October 2008/1
Gift this article