REVISED Credit Event Advisory - CME Clearing Credit Event Processing for RadioShack Corporation

DATE:   February 9, 2015
SUBJECT:  REVISED Credit Event Advisory - Credit Event declared for RadioShack Corporation

The ISDA Determinations Committee has determined that a Bankruptcy Credit Event (“Credit Event”) occurred with respect to RadioShack Corporation. See the following:
<<<http://dc.isda.org/>>>.

RadioShack Corporation is referenced in the following CDX North American High Yield Indices:

  • CDXHY14V6.SR.XR.USD
  • CDXHY15V6.SR.XR.USD
  • CDXHY16V6.SR.XR.USD
  • CDXHY17V6.SR.XR.USD
  • CDXHY18V3.SR.XR.USD
  • CDXHY19V2.SR.XR.USD
  • CDXHY20V2.SR.XR.USD
  • CDXHY21V2.SR.XR.USD
  • CDXHY22V2.SR.XR.USD
  • CDXHY23.SR.XR.USD

The Event Determination Date is Friday, February 6, 2015. The Initial Processing Date for this Credit Event will be Tuesday, February 10, 2015.

Note: Since CME Clearing only offers index contracts there will neither be single-name contracts affected by this Credit Event nor will there be a recovery swap made available for clearing on this single name.

Additional advisory notices will be published detailing the Auction and Final Processing dates.

If you have questions, please contact the CME Client Services Team at
onboarding@cmegroup.com.

Regards,

CME Clearing