• Credit Event Advisory – CME Clearing Credit Event Processing for Peabody Energy Corporation - Effective April 21

      • To
      • CDS Market Participants
      • From
      • CME Clearing
      • #
      • 16-174
      • Notice Date
      • 21 April 2016
      • Effective Date
      • 21 April 2016
    • The ISDA Determinations Committee has announced that an auction will be held in respect of Peabody Energy Corporation on Wednesday, May 4, 2016.

      The Credit Event Final Processing Date for this credit event will be held on the next valid business day following the Auction Final Price Determination Date (“Auction Date”).  This means, if the auction is successful on Wednesday, May 4, 2016, the Credit Event Final Processing Day will be held on Thursday, May 5, 2016.

      For the full text of this advisory, please click here