Latest News:
news, comment, analysis and data on the global business of credit trading and investing
Trading
AIB has triggered failure to pay credit event, says Isda
Tuesday, June 21, 2011
Isda’s determinations committee has today resolved that Allied Irish Banks has triggered a failure to pay credit event. The committee also voted to hold senior and subordinated auctions for AIB in respect of the failure to pay credit event, effectively superseding the previous decision on 13 June to hold a restructuring credit event auction on the name.
<< END >>
Related stories
- Yankee financial bonds outperform in US trading 13 hours ago
- Fiat goes wider on talk of possible link-up with struggling... 13 hours ago
- Isda sets date for AIB credit event auction 11 months ago
- Isda asked to rule on AIB failure-to-pay credit event 11 months ago
- AIB has triggered credit event, says Isda determinations... 11 months ago
Structured
Issuers
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 |
