Delphx announces letter of intent for facilitating funding for credit rating security (crs) product

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 hedge funds will be ongoing supporters of the crs program.
CRS Ratings Summary
CRS Quant Ranking