Correction

Published July 31, 2000 12:00 AM EDT 1 Min Read

Polaris MT 1999-1, Societe Generale’s collateralized loan obligation which was launched in February 1999, was voluntarily redeemed at par, according to Barry Wood, managing director in SG Cowen’s asset securitization group. There were no amortization triggers hit, as market sources had indicated.

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