Cairn CPDO I Notes win most innovative Credit-Linked Structured Product - 2007 Asset Asian Awards
Story date: 2007.12.07
Cairn CPDO I Notes build upon the first generation of CPDOs to create a dynamic CPDO with full management features and structural features allowing it to perform well for spread widening scenarios.
"Cairn CPDO features many innovations to allow the manager to have discretion over the algorithm and to actively trade the underlying composition making Cairn CPDO the first fully managed CPDO notes to be issued" stated Moody’s in its press release dated 22 Jun 2007 
