Wednesday, 9 May 2012

Sino Forest auction result


http://www.creditfixings.com/CreditEventAuctions/results.jsp?ticker=SIFO

Creditex  and Markit conducted a credit event auction to facilitate settlement of credit default swaps (CDS) trades on Sino-Forest Corp. on May 9, 2012. Sino-Forest was the first credit event auction conducted to settle CDS trades outside of North America, Europe and Japan. Final price for the auction settlement was 29 cent on a dollar.

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