Latest News:
news, comment, analysis and data on the global business of credit trading and investing
Kaupthing
Kaupthing is a Reykjavík, Iceland-based financial with $30.3 billion of outstanding debt, according to its second quarter 2008 financial statements. The Icelandic FSA made a regulatory intervention on 8 October 2008. Having triggered a bankruptcy credit event under its credit default swaps, a credit settlement auction on 6 November 2008 determined CDS recoveries at 6.625%.
Related stories
- Asian investors cleared to sue Morgan Stanley by US courts, finds... 5 months ago
- Authorities probe Deutsche over Kaupthing trades, says article 1 year ago
- CLOs trade in CDO-squared liquidation 2 years ago
- Bank admits it made ineligible trades in CDO 2 years ago
- Lehman default hit CSOs hardest, says Standard & Poor's 2 years ago
- Most of CDO liquidation fails to trade 3 years ago
- Icelandic FSA ruling points to fourth bank credit event 3 years ago
- Distressed buyers make gains on financial bonds 3 years ago
- Iceland distress continues as investment firm enters moratorium 3 years ago
