Frontier CDS auction final list points to 75 cent pay-out

By Dan Alderson

Tuesday, May 05, 2020

An auction next week to settle Frontier Communications CDS will have 20 deliverable obligations, according to a final list published by the Americas Determinations Committee. The cheapest of these suggest a payout on CDS of around 74.5 cents

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TAGS: CDS High yield bonds Distressed debt North America Synthetic/SRT

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