news, comment, analysis and data on the global business of credit trading and investing
You are here:
Home
» Newsletter
Creditflux Newsletter
Trading
Isda sets date for JVC Kenwood settlement auction
Friday, November 4, 2011
Isda has set a date of 9 November (next Wednesday) for an auction to settle credit derivatives on JVC Kenwood. The Japanese appliance maker triggered a restructuring credit event on credit default swaps in August when it unilaterally extended the maturity of one of its bonds.
Related stories
- Tax rule could increase value of CLO debt, says Wells Fargo less than 1 hour ago
- Credit market snapshot: credit tightens on low volumes 1 hour ago
- Garrison refinances 2010 CLO into a new deal 22 hours ago
- Buy-side distressed debt specialist jumps to rival hedge fund 23 hours ago
- Award winning CLO manager markets a new CLO 23 hours ago
- Early settlement of CDS costs four points of recovery, says Morgan Stanley 2 months ago
- Isda publishes list of Dynegy deliverables 6 months ago
- Anglo Irish has triggered restructuring credit event, says Isda 1 year ago
- Dealers settle cement maker CDS at high final price 2 years ago
- Isda launches "small bang" CDS change 2 years ago
CFlux secondary
CLO index levels:
| Index | 21 May |
|
| CFlux USD AAA | ↑ | 96.2 |
| CFlux USD AA | ↑ |
88.3 |
| CFlux USD A | ↓ | 84.1 |
| CFlux USD BBB | ↓ | 75.3 |
| CFlux USD BB | ↓ |
74.1 |
| CFlux USD EQ | ↑ | 77.5 |
