Η
υπηρεσία της Διεθνούς Ένωσης Συμφωνιών Ανταλλαγής και Παραγώγων (ISDA)
αποφάσισε ομόφωνα ότι υπάρχει πιστωτικό γεγονός, λόγω της ενεργοποίησης
από την Ελλάδα των CAC (ρήτρες συλλογικής δράσης).
ISDA EMEA Determinations Committee:Restructuring Credit Event Has Occurred with Respect to The Hellenic Republic LONDON, March 9, 2012 – The International Swaps and Derivatives Association, Inc. (ISDA) today announced that its EMEA Credit Derivatives Determinations Committee resolved unanimously that a Restructuring Credit Event has occurred with respect to The Hellenic Republic (Greece).
The EMEA DC resolved that a
Restructuring Credit Event has occurred under
Section 4.7(a) of the ISDA 2003 Credit Derivatives Definitions (as amended by the July 2009 Supplement) following the exercise by The Hellenic Republic of collective action clauses to amend the terms of Greek law governed bonds issued by The Hellenic Republic such that the right of all holders of the Affected Bonds to receive payments has been reduced.
Section 4.7(a) of the ISDA 2003 Credit Derivatives Definitions (as amended by the July 2009 Supplement) following the exercise by The Hellenic Republic of collective action clauses to amend the terms of Greek law governed bonds issued by The Hellenic Republic such that the right of all holders of the Affected Bonds to receive payments has been reduced.
The Committee determined that an auction will be held in respect of outstanding CDS
transactions on March 19. ISDA has published a list of obligations issued or guaranteed by The
Hellenic Republic, which the EMEA Determinations Committee is currently in the process of
reviewing.
transactions on March 19. ISDA has published a list of obligations issued or guaranteed by The
Hellenic Republic, which the EMEA Determinations Committee is currently in the process of
reviewing.
ISDA will publish further information regarding the potential auction on its website,
www.isda.org/credit, in due course.
Answers to frequently asked questions regarding The Hellenic Republic Restructuring Credit
Event can be accessed via ISDA’s Greek Sovereign CDS page: http://www2.isda.org/greeksovereign-cds/
ISDA will host a press briefing today at 9PM GMT / 4PM EST addressing the credit event
ruling.
www.isda.org/credit, in due course.
Answers to frequently asked questions regarding The Hellenic Republic Restructuring Credit
Event can be accessed via ISDA’s Greek Sovereign CDS page: http://www2.isda.org/greeksovereign-cds/
ISDA will host a press briefing today at 9PM GMT / 4PM EST addressing the credit event
ruling.
ΔΙΑΒΑΣΤΕ ΤΗΝ ΛΙΣΤΑ ΤΩΝ ΟΜΟΛΟΓΩΝ ΕΔΩ
Δεν υπάρχουν σχόλια:
Δημοσίευση σχολίου
Το Loutraki One σέβεται όλες τις απόψεις, αλλά προτιμά τα Eλληνικά και όχι τα greeklish, το χιούμορ και όχι τις ύβρεις.
Επειδή το Loutraki One πιστεύει στη δύναμη του διαλόγου, αλλά όχι στην εμπαθή και στείρα αντιπαράθεση μόνο για το θεαθήναι, διατηρεί το δικαίωμά του να μην αναρτά σχόλια που είναι υπέρ το δέον υβριστικά ή άσχετα με το άρθρο, που αναφέρονται σε προσωπικά δεδομένα τoυ αρθρογράφoυ ή που δεν περιέχουν το e-mail του αποστολέα. Tο email των αποστολέων σχολίων δεν εμφανίζεται δημόσια.