PorTel credit event triggered on Oi filing, rules ISDA

Dealers will hold an auction to settle credit default swaps referencing Portugal Telecom International Finance, after the International Swaps and Derivatives Association’s (ISDA's) EMEA Determinations Committee ruled that a bankruptcy credit event had been triggered on the contracts
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: