Can Lehman resurrect MRTC securitization?

Rumours circulate the bank is trying to salvage the $175 million Philippine securitization, two months after the deal was pulled.
May 29, 2002

When, at the eleventh hour, lead manager HypoVereinsbank decided to call off a $175 million securitization for the Metro Rail Transit Corp. (MRTC), the prospects of seeing any international asset-backed securitizations coming out of the Philippines seemed as remote as ever.

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