The ISDA Determinations Committee has announced that an auction, or series thereof, will be held in respect of Eastman Kodak Company on February 22, 2012. See the following: <<< http://www.isda.org/credit/>>>.
Eastman Kodak Company is referenced in the following CME cleared CDX North American High Yield Indices:
The CME final processing date for this credit event will be the business day following the final price determination date. This means, if the auction is successful on February 22, 2012, then the CME final processing day will be February 23, 2012.
The current version of the index will be tradable through the final price determination date. The new version of the index will be made available for trading start of day on the business day following the final price determination date.
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