• European Statutory Covered Bonds: New Opportunities for Commercial Mortgage Finance
  • June 28, 2008
  • Law Firm: Cadwalader, Wickersham & Taft LLP - London Office
  • Current capital markets conditions have virtually halted issuance of many classes of asset backed securities. However, one category of asset backed security has continued to be issued in significant volumes (albeit at higher spreads); the European covered bond.