Fitch has placed 11 trups CDOs on watch negative due to heightened concern related to continued negative portfolio credit migration. Its ratings actions affect two classes from Attentus CDO I, six classes from Attentus CDO II, and five classes from Attentus CDO III. The ratings watch negative was also on Kodiak CDO I and Kodiak CDO II.
Fitch also placed three classes from TABERNA Preferred Funding II on rating watch negative along with three classes from TABERNA Preferred Funding III and 10 classes from TABERNA Preferred Funding IV. The ratings also affected 7 classes from TABERNA Preferred Funding V, three classes from TABERNA Preferred Funding VI and five classes from TABERNA Preferred Funding VII.
August 2008
News: TD battles for UK survival after blunder; JP Morgan pulls plug on deal for Prytania CDO model; XLCA dissolves CDO team
People: UBS strengthens European flow business; Deutsche Bank shuffles trading
Analysis: Bond funds go hunting for value; The French Revolution
Profiles: Novatar
Comment: Fishknife; Wolseley
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