Daiwa CEO given Zest for life

Collateralized equity obligations come of age as Daiwa announces Ñ23.4 billion deal.

Daiwa Securities has launched the world's first public, rated collateralized equity obligations. So-called CEOs are being touted as the perfect solution for investors looking for a higher yielding alternative to collateralized debt obligations as CDOs are getting tougher to structure in an environment of tightening spreads and shrinking liquid credits.

It has long been thought that CEOs could fill the gap but few bankers thought there were sufficient investors comfortable enough to absorb a substantial...

To continue reading, please login or register for free

Click for more on: daiwa | ceo | given | zest | life

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...