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      Linked

      Jan 04 2019
      Credit Event on Parker Drilling Company for UBS CDX/Itraxx family

      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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