Steinhoff CDS auction in limbo due to lock-up and CVA

By Dan Alderson

Thursday, May 02, 2019

A date to settle CDS referencing Steinhoff Europe had still to be agreed as Creditflux went to press — more than a month on from when the EMEA Determinations Committee (DC) ruled that the company had triggered a failure-to-pay credit event.

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TAGS: CDS Europe High yield bonds Distressed debt Leveraged loans Default Synthetic/SRT

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