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REAL ESTATE: CityCon (CITCON: Ba1 neg /BBB- neg): Wider Again

REAL ESTATE
  • CITCON 6.5 29 +13 today; +72bps wider this week. Almost reversing the entire rally since August
  • CITCON 7.875 PerpCall29 -63c today, +97bps wider on the week but still -250bps inside August levels (9pts cash)
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  • CITCON 6.5 29 +13 today; +72bps wider this week. Almost reversing the entire rally since August
  • CITCON 7.875 PerpCall29 -63c today, +97bps wider on the week but still -250bps inside August levels (9pts cash)