Kindly be advised that a Bankruptcy credit event on Parker Drilling Company was confirmed by the ISDA Determinations Committee on 17 December 2018
. The auction date for settlement has been announced to be on 23 January 2019. Below are the affected indices.
Index | Ticker |
UBS Long CDX HY 5Y Index Excess Return USD | UISYMH5E |
UBS Shortable CDX HY 5Y Index Excess Return USD | UISYMH5S |
The attached file contains the relevant information with respect to the credit event.
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