Issuers

Truvo CDS auction set for this week.

Monday, July 12, 2010

The dealer auction to settle credit default swaps referencing recent credit event name Truvo Subsidiary Corp will be held this week on Thursday, according to the Creditfixings website. No schedule times are available as yet and it is unclear whether or not the auction for loan CDS contracts will take place on the same day. Recovery on Truvo bonds is expected to be very low.


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Recent bond & loan issuance

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CFlux secondary 
CLO index levels:

Index
6 Feb
CFlux USD AAA  ↑ 94.9
CFlux USD AA  ↓ 81.3
CFlux USD A  ↓ 75.0
CFlux USD BBB  ↑ 74.8
CFlux USD BB  ↑

72.1

CFlux USD EQ  ↑ 67.6

 

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