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d loan obligations (CLOs), but since the credit crunch the market has dried up. And the debts accumulated in the 2006-07 boom have to be refinanced. Moody's reckons that some €250 billion of LBO debt will need to be rolled over in the next five years. Private-equity loans were just one of many assets (f
reditors are paid in order of seniority, with secured lenders getting first cut. Even so, the system struggled to cope with the sheer complexity of Lehman Brothers' failure. The investment bank became the largest ever Chapter 11 deal, involving loans of $640 billion. In Europe bankruptcy law is undergoing stead
n the Index provided the issuer is domiciled in a country having an investmentgrade foreign currency long-term debt rating (based on a composite of Moody's and S&P). 144a issues are included in the Index. Qualifying bonds must have at EFTA01477993 least 1 year remaining term to maturity, a fixed cou
individuals, family offices and endowments/foundations. Mr. Dursi joined Barclays in September 2008 as part of the organization's acquisition of Lehman Brothers' Private Investment Management business in the Americas. Prior to that, Mr. Dursi was in various roles at Lehman Brothers including Senior/Junior P
n the Index provided the issuer is domiciled in a country having an investmentgrade foreign currency long-term debt rating (based on a composite of Moody's and S&P). 144a issues are included in the Index. Qualifying bonds must have at EFTA01478063 least 1 year remaining term to maturity, a fixed cou
individuals, family offices and endowments/foundations. Mr. Dursi joined Barclays in September 2008 as part of the organization's acquisition of Lehman Brothers' Private Investment Management business in the Americas. Prior to that, Mr. Dursi was in various roles at Lehman Brothers including Senior/Junior P
Entities connected to both Moody's and Lehman Brothers'

Deutsche Bank
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
New Zealand
LOCATION
Frankfurt
LOCATION
United States
LOCATION
Norway
LOCATION
Denmark
LOCATION
Ghislaine Maxwell
PERSON
Finland
LOCATIONDeutsche Bank Trust Company Americas
ORGANIZATION
Belgium
LOCATION
Marc Rich
PERSON
Baltimore
LOCATION
Luxembourg
LOCATIONthe Frank Russell Company
ORGANIZATIONMSCI Europe
ORGANIZATIONthe Pacific Basin
LOCATION
Julie K. Brown
PERSON
New York
LOCATION
The Wall Street Journal
ORGANIZATION