"Cheyne Creditors Near Revamp Plan for SIV"

Nov 28 07

WSJ says "Cheyne Creditors Near Revamp Plan for SIV". The article, which was short on details, says, "Creditors in the $7 billion structured investment vehicle formerly known as Cheyne Finance are moving closer to a deal that would allow them to avoid being forced to realize hundreds of millions of dollars of potential losses in the short term, people familiar with the situation said."

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