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May 2012

Trading

Isda publishes list of Dynegy deliverables
Tuesday, November 15, 2011

Isda has published an initial list of the Dynegy Holdings bonds that it says are deliverable into credit default swaps on the name. The seven bonds all currently trade close in price, as is typically the case following a non-restructuring credit event. According to data from Trace, all currently trade in the high 60s to low 70s – see table. Isda has not yet set a date for the auction that will determine the cash-settlement price for Dynegy credit default swaps.

ISIN Issuer Name Coupon Maturity  Price
US26816LAG77 Dynegy Holdings, LLC 8.75% February 15, 2012  71
US26816LAX01 Dynegy Holdings, LLC 7.50% June 1, 2015  73
US26816LBB71 Dynegy Holdings, LLC 7.50% June 1, 2015  73
US26816LAT98 Dynegy Holdings, LLC 8.38% May 1, 2016  71
US629121AF11 Dynegy Holdings, LLC 7.13% May 15, 2018  69
US26816LAW28 Dynegy Holdings, LLC 7.75% June 1, 2019  71
US629121AC89 Dynegy Holdings, LLC 7.63% October 15, 2026 69

Sources: Isda, Trace

Recent bond & loan issuance

>>More information from the Issuer Tracker

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

 

>> More information & historical data