CORRECTION:

Published 1 Min Read

In last week’s ASR, the issuer of the Saratoga arbitrage cashflow CDO (p. 5) was identified as the Denver-based INVESCO. The full name of the issuer on the $300 million Saratoga arb fund is Invesco Senior Secured Management Inc. Based in New York, the issuer is a unit of Atlanta-based INVESCO Inc., the institutional investment management arm of London-based AMVESCAP plc., which also owns private equity manager INVESCO Funds Group Inc. In the same issue, ABN Amro was misidentified as the co-lead, along with CitiBank, on the SIV named Tango. Rabobank should have been identified as CitiBank’s co-lead on this deal.


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