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Chemtura

Chemtura is a Middlebury, Connecticut-based chemicals company with $1.2 billion of outstanding debt, according to its March 10K filing.

Chemtura and its 26 US affiliates filed for chapter 11 bankruptcy in the US bankruptcy court of the southern district of New York on 18 March.

Isda announced on 19 March that a credit default swap auction protocol will be launched for the company.

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