11/11/2004 Issue

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What's Hot, What's Not
By Erika Morphy

What’s Hot: Super Seniors—A flurry of conduit deals with high subordination rates in the past few weeks has revived interest in these structures. First there was a Credit Suisse First Boston deal that priced in October, followed by an amended Merrill Lynch-led conduit and a Merrill/Bank of America deal.


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