Lebanon triggers failure-to-pay credit event with CDS priced at 89 points up front
Lebanon has triggered a failure-to-pay credit event on CDS referencing its sovereign bonds, the Determinations Committee for Europe, Middle East and Africa has ruled
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
- Stratus-faction: Blackstone climbs back to the top 1 day ago
- UK pension seeks direct lending manager for £250 million commitment 1 day ago
- Financial CDS plan for CDX IG suffers third rejection 2 days ago
- TIG delves into Asian credit following minority investment in Arkkan 3 days ago
- Europcar CDS auction shocks protection buyers with zero pay-out 3 days ago
Funds
- UK pension seeks direct lending manager for £250 million commitment 1 day ago
- Fiera targets $500 million for North American infra debt fund 2 days ago
- Financial CDS plan for CDX IG suffers third rejection 2 days ago
- TIG delves into Asian credit following minority investment in Arkkan 3 days ago
- Europcar CDS auction shocks protection buyers with zero pay-out 3 days ago