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).
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.
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.
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.
Δεν υπάρχουν σχόλια:
Δημοσίευση σχολίου