Thomas Cook credit event question travels beyond index roll, as Steinhoff deliverables finalised
An auction next week to settle Steinhoff Europe CDS will have two deliverable obligations, the Determinations Committee has confirmed. But resolution of a bankruptcy credit event question on iTraxx Crossover name Thomas Cook spills over beyond today’s roll into a new series, after the DC was unable to reach a decision this week
Subscriber-only article
This article is available only to Creditflux subscribers and free trial users within 30 days of publication.
Already a subscriber? Not logged in? Click here to login.
If you have not already done so,
you may request a FREE TRIAL by clicking here
This trial will give you:
- 4-weeks' free online access to our
most recent subscriber-only articles - Daily breaking news alert sent by email
- A print copy of Creditflux
If you currently have a free trial, you will see this message when you try to view articles older than 30 days.
Related Stories
- Creditflux unveils newsletter platform 2 days ago
- Unique CLO upsizes to $22 billion 2 days ago
- Benchmark European 2020 CLO trades 11 points down in secondary 2 days ago
- Credit event hits new CDX HY as Crossover name's default risk surges 2 days ago
- RBS makes cuts to ABS and CLO team as part of broader restructuring 2 days ago
Funds
- Credit event hits new CDX HY as Crossover name's default risk surges 2 days ago
- Golub becomes second BDC to undertake rights offering this week 3 days ago
- US pension delays restructuring fixed income portfolio over coronavirus concerns 3 days ago
- US/Europe CDS relative value in play as index gaps widen 3 days ago
- Whiting chapter 11 hits new CDX HY series but misses CLOs 3 days ago
