Final Lehman-struck bond defaults
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Final Lehman-struck bond defaults

04 February 2011
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Bermuda-headquartered Catlin Group's Newton Re 2008-1 cat bond default is the last of four transactions that had Lehman Brothers as total return swap (TRS) counterparty to fall into technical default on payment of interest to investors.

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Topics

NewsCatastrophe bondsFebruary 2011/1
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