Isda set to rule on Cengage bankruptcy after deal with loan holders

Wednesday, July 10, 2013

Isda’s credit derivatives determinations committee will consider whether Cengage Learning has triggered a credit event

TAGS: Default

Comment by: Anonymous. Posted 10 years ago [2013-07-11 02:22:31]

The gap between mid-70's for the loans and 10% for the senior (unsecured) bonds is wide. It's a good data point for the default recovery studies.

Related Stories

Funds

more stories...