McClatchy bonds point to 50 cent CDS pay-out as auction deliverables finalised

By Dan Alderson

Tuesday, March 03, 2020

McClatchy CDS in on course to pay out around 50 cents, based on cheapest bonds to deliver, after the Americas Determinations finalised five deliverable obligations for the media company’s credit event auction next week

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TAGS: CDS High yield bonds Distressed debt Credit derivatives North America

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