• UPDATE Credit Event Advisory - CME Clearing Credit Event Processing for Sabine Oil & Gas Corporation (formerly known as Forest Oil Corporation)

      • To
      • CDS Market Participants
      • From
      • CME Clearing
      • #
      • 15-157
      • Notice Date
      • 09 June 2015
      • Effective Date
      • 09 June 2015

    • The ISDA Determinations Committee has announced that an auction will be held in respect of Sabine Oil & Gas Corporation on Tuesday, June 23rd, 2015.

      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 Tuesday, June 23rd, 2015, the Credit Event Final Processing Day will be held on Wednesday, June 24th, 2015.

      For the full text of this advisory, please click here.

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