Publisher bankruptcy triggers IG credit events

By Mike Peterson

Wednesday, April 01, 2009

A directories publisher yesterday filed for chapter 11 bankruptcy, becoming the latest credit derivative index constituent to suffer a credit event

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Comment by: Yiannis Tsiounis. Posted 15 years ago [2009-04-01 20:37:58]

Recovery markets are in the 2 (bid) to 5 or 6 (offer) range, although they had been as low as 1/3 (bid/offer) in the last two weeks.

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