• Credit Event Advisory - Credit Event declared for Portugal Telecom International Finance B.V. - Effective July 7

      • To
      • CDS Market Participants
      • From
      • CME Clearing
      • #
      • 16-255
      • Notice Date
      • 07 July 2016
      • Effective Date
      • 07 July 2016
    • The ISDA Determinations Committee has determined that a Bankruptcy Credit Event (“Credit Event”) occurred with respect to Portugal Telecom International Finance B.V.

      See the following: http://dc.isda.org/documents/2016/07/emea-dc-decision-01072016-portugal-telecom-international-finance-b-v-issue-number-2016062101.pdf.

      For the full text of this advisory, please click here