Sedna Finance
id:
sedna-finance-251-1413425
title:
Sedna Finance
text:
Sedna Finance was an SIV managed by Citi group. It was notable for being the first modern 3 tier structured SIV. It was not, however, the first 3 tier SIV, as much older SIV's such as Asset Backed Capital used 3 tier structures; these old structures used much larger proportions of junior capital to mezzanine capital. As of 2007, it had a balance sheet of approximately $10bn. It was shut down in the fall of 2007, in the first phase of the financial crisis.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Sedna_Finance
date created:
date modified:
2024-02-27T09:16:32Z
main entity:
{"identifier":"Q7445361","url":"https://www.wikidata.org/entity/Q7445361"}
image:
fields total:
13
integrity:
13