DelphX Announces Letter of Intent for Facilitating Funding for Credit Rating Security (CRS) Product
Carpenter(CRS) Newsfile·2024-08-28 21:13
Toronto, Ontario--(Newsfile Corp. - August 28, 2024) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products for the fixed income market, announces that it has entered a non-binding letter of intent dated August 27, 2024 with multiple hedge fund counterparties to offer up to $3 billion of notional credit spread protection via DelphX's Credit Rating Securities (CRS) program. Together, and should final conditions be met, these hed ...