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Puls CDO 2006-1 may not have funds to pay senior notes due July 25
By Caroline Salls
Pittsburgh, July 24 – Puls CDO 2006-1 plc said it was informed by its portfolio manager that there may not be enough funds to pay all of the outstanding amounts due on some of its senior notes on the July 25 maturity date.
According to a news release, Puls does not have any further details related to the shortfall of funds.
Puls is based in Dublin.
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