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Banc of America pushes ahead with distressed-debt CDO

The Banc of America led $500 million Endeavor distressed loan/ABS CDO to be managed by PPM America has returned to the market, after being postponed due to the events of Sept. 11. The $100 million 1.5-year triple-A A1-class is being talked at 45 to 50 basis points over three-month...

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