Sunday, January 18, 2009

Lyondell Chemical Compay: CDS Settlement

Back on 1/6/09, Lyondell filed for bankruptcy court protection. The CDS auction will be held on 2/3/09 to determine how much the CDS holders will receive. This is one of the 20 largest corporate bankruptcies in U.S. history.

http://dealbook.blogs.nytimes.com/2009/01/06/lyondellbasell-us-unit-files-for-bankruptcy/

http://www.creditfixings.com/information/affiliations/fixings/auctions/2009/lyodel.shtml

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