• Credit Event Advisory - Credit Event declared for iHeart Communications, Inc.

      • To
      • CDS Market Participants
      • From
      • CME Clearing
      • #
      • 16-544
      • Notice Date
      • 23 December 2016
      • Effective Date
      • 23 December 2016

    • The ISDA Determinations Committee has determined that a Bankruptcy Credit Event (“Credit Event”) occurred with respect to iHeart Communications, Inc. See the following: http://dc.isda.org/documents/2016/12/iheart-failure-to-pay-two-dec-21.pdf.

      Click here for full text of the advisory

      16-544

      *Please note this advisory was updated on January 11, 2017; please view the updated advisory here. 

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